@moon8 wrote:
How should this question on the substituted 1099R on turbotax be answered? Is it checked or unchecked?
The IRA/SEP/SIMPLE box is checked on my copy of the 1099-R
If you received a 1099-R with the IRA box checked then it is a NOT a Roth IRA. That box is only checked for a Traditional IRA and box 7 should only be a code P.
**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.**
