Inherited IRAs do not affected traditional IRA conversions and doesn't factor into the prorata calculation. If you use a CPA, make sure that you double check the 8608 form next year to make sure it doesn't not include any distributions from the inherited IRA. I had to guide my CPA to fix the 8608 from 2023 because the software pulled in my inherited IRA distribution.
Statistics: Posted by vtjon — Thu Oct 03, 2024 9:06 pm