The interview is asking me who an IRA was inherited from, but the 1099-R is from my own 410(k) rollover/distribution. Dollar value in box 5, but I can't proceed ?

 
DanaB27
Employee Tax Expert

Retirement tax questions

Please double check your entry in box 7 when you entered your 1099-R:

 

  1. Click on the Search box on the top and type “1099-R”
  2. Click on “Jump to 1099-R” and click "edit"

What code is in box 7?

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dmertz
Level 15

Retirement tax questions

If TurboTax is asking anything about IRAs, it means that you have marked the IRA/SEP/SIMPLE box on TurboTax's 1099-R form.  If the IRA/SEP/SIMPLE box is not marked on the Form 1099-R provided by the payer, you must correct your entry in TurboTax.

 

If the IRA/SEP/SIMPLE box is marked on the form provided by the payer, box 5 cannot have a value in it.