Retirement tax questions

What code is in box 7 on your 1099-R?   Is the IRA/SEP/SIMPLE box checked?

 

 

You would only get that question if the distribution was form a Traditional IRA. A Roth would not have the IRA box checked.

**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.**