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Retirement tax questions
There are two questions here.
An internal trusted-to-trustee transfer should not generate a 1099-R, but some trustees issue one anyway. A rollover is not tamable.
Roth IRA distribution over age 59 1/2 should have a code Q in box 7 on the 1099-R that makes it not taxable.
Why do you think it is taxable? What code is in box 7?
**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.**
May 8, 2021
7:51 PM
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