DianeW777
Expert Alumni

Retirement tax questions

No, it's not bad advice. Entering the actual documents is a convenience and helpful for you to complete the return.  It appears the form was incorrectly completed by checking that box since it was a 401(k) distribution going into an IRA.  So TurboTax is correct and indicating the conflict.

 

The distribution itself was not an IRA so for this reason it should not be checked.  If you are unable to obtain a corrected Form 1099-R, then you should keep all of the documentation together and deselect that box to complete your tax return.  Accuracy is the key to completing your tax return and companies make mistakes.

 

@heybrian1

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"