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Retirement tax questions
What is the code in box 7? Is that IRA/SEP/SIMPLE box marked?
Was this an inherited IRA?
You might have to delete the 1099-R and reenter it for it to work.
- Login to your TurboTax Account
- Click on the Search box on the top and type “1099-R”
- Click on “Jump to 1099-R” and you should see the “Review your 1099-R info” screen
- Click on the 'Trash icon" to delete the 1099-R and then reenter it.
If this was a RMD rollover then you must indicate to TurboTax that none of the distribution was RMD.
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March 1, 2021
10:40 AM