@marinchip wrote:
Finally got back to this. I've split into two 1099R's, one for the RMD withdrawal and restoration and one for the Roth conversion.
I can make it appear correctly on my 1040 now only by using a Code G in Distribution Box 7 for the withdrawal substitute 1099R and a Code 7 in the Box 7 for the Roth conversion.
The explanation for when to use Code G does not make me comfortable that it is the right thing to do but it seems to work.
Any further clarification would be appreciated.
It appears I also have to create a Form 4852 to explain why I have created these substitute 1099R's.
You do NOT use a code G unless a code G was on the 1099-R that you received.
You do NOT use a substitute 1099-R (4852) to do this. Filing a 4862 is sure to generate an audit letter from the IRS.
What code is in box 7 on the original 1099-R?
Is the IRA/SEP/SIMPLE box checked?
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
