DawnC
Employee Tax Expert

Get your taxes done using TurboTax

If it has a code G, it is already classified as a direct rollover.    You won't get any rollover questions about a 1099-R with a code G.   TurboTax is not applying any tax to the 1099-R with code G.   Look at your Form 1040.   Look on Line 5a and b.     The amount of your 1099-R with the G code in Box 7 will not show as taxable.     Click on Forms in the upper right hand corner and then locate Form 1040 from the list on the left to review it.  

 

What do all the codes in Box 7 of the 1099-R mean?   

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