dmertz
Level 15

Retirement tax questions

@argonaut56 , on a Form 1099-R with code 7 in box 7 and the IRA/SEP/SIMPLE box marked, box 2a is permitted to be blank only if the distribution of excess contributions and the distribution was made after the due date of the tax return under section 408(d)(5) of the tax code.  In that case, box 2b Taxable amount not determined must also be marked.  If this is not such a distribution, contact the payer to obtain a corrected Form 1099-R showing the the same amount in box 2a as is in box 1.