Drake Tax - Inherited IRA

Article #: 14301

Last Updated: March 24, 2026

 

Tags: Drake Tax

Drake Tax logo

If the taxpayer had an inherited IRA, mark the Inherited IRA check box on screen 8606.

Image of "Inherited IRA" check box on screen 8606

See Publication 590-B for more information on inherited IRAs. You will need to track the basis outside of Drake Tax. Only one Form 8606 is produced for each taxpayer.