Skip to main content
February 2, 2025
Question

Inherited IRA distribution

  • February 2, 2025
  • 1 reply
  • 0 views

Why does Turbotax show my 2024 inherited regular IRA distribution as nontaxable.  It has never been before.  More important, how do I fix it? 

    1 reply

    February 8, 2025

    It sounds like there may be a box checked on the input section that should not have been marked. Or box 2a which shows the taxable amount from your 1099-R was not entered into the tax program.

     

    I recommend reviewing your input again and carefully reviewing the input to ensure the amounts reported on your 1099-R form match what is entered. See where do I enter my 1099-R for steps to reach this section and review your input.

    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"