MarilynG1
Expert Alumni

Retirement tax questions

If you transferred your Retirement Funds from one company to another, you would receive a 1099-R from the first company with a Code G in Box 7 to indicate a non-taxable rollover.

 

If you took a Distribution or had a Loan Balance on your original retirement account, you could receive a second 1099-R.  

 

Check the Code in Box 7 on the 1099-R for info on whether the distribution is taxable or not. 

 

Click this link for info Box 7 Codes

 

 

 

 

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