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1099R
I received a 1099R for a distribution from an inherited Roth account. It should be a tax free transaction. The Distribution code on the 1099R that I received is a T which is a Roth with exceptions. When this is used it treats the distribution as taxable. When I use the Distribution code of Q (which an accountant told me it should be) turbo tax records the transaction as a tax free transaction. Did my 1099R come to me incorrectly?
‎February 13, 2025
5:18 PM