Kara372
New Member

1099-R, Box 7, Code 8

I received a return of contribution from my employer 401k plan and box 1 and 2a of my 1099-R reflect this amount of gross distribution (return of contributions plus earnings). Box 7 reflects code 8. When entered to my tax return in Turbo Tax, it reflects it as non-taxable, and I cannot see how/why? Anyone having issues with this or know something I don't?