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Get your taxes done using TurboTax
What is the code in box 7 of the Form 1099-R provided by the payer?
Is the IRA/SEP/SIMPLE box marked?
Make sure that you have marked the IRA/SEP/SIMPLE box on TurboTax's 1099-R form to match the marking of the box on the Form 1099-R provided by the payer; for a distribution from a rollover IRA the box would be expected to be marked. Next, make sure that you have clicked the Continue button on the Your 1099-R Entries page and have answered the follow-up questions, including verifying your basis in nondeductible traditional IRA contributions and entering the year-end value of your traditional IRAs (including SEP, SIMLPLE and rollover IRAs you still had at year end).
Is the IRA/SEP/SIMPLE box marked?
Make sure that you have marked the IRA/SEP/SIMPLE box on TurboTax's 1099-R form to match the marking of the box on the Form 1099-R provided by the payer; for a distribution from a rollover IRA the box would be expected to be marked. Next, make sure that you have clicked the Continue button on the Your 1099-R Entries page and have answered the follow-up questions, including verifying your basis in nondeductible traditional IRA contributions and entering the year-end value of your traditional IRAs (including SEP, SIMLPLE and rollover IRAs you still had at year end).
‎June 3, 2019
10:13 AM