- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Correct. The Form 1099-R for the IRR will have $1,100 in box 1, $100 in box 2a and code G in box 7.
A $100 taxable amount will only increase your MAGI by $100, so it won't have much, if any, effect on your eligibility to contribute to a Roth IRA should you choose to do so.
‎April 15, 2023
5:08 PM