My 1099-R from Fidelity has in box 7 code G and IRA/SEP/Simple box checked. In my particular case, I am converting to a ROTH IRA from a Rollover IRA. TT doesn't like the codes and says,
You indicated that you converted a traditional IRA to a Roth IRA with Code G in Box 7. However, if this is true it should have Code 1, 2, or 7 instead.
If the money you took out isn’t from a traditional IRA, then the IRA box should not be checked.
So my question is, is the 1099-R I received incorrect? This was from Fidelity to another Trustee designated Roth IRA account.
