This is what TurboTax says under:
Double check Box 7 and the IRA box on your 1099-R
How will this impact my return?
The distribution codes and IRA box describe the type of distribution. The program relies on these codes to make correct calculations.
The distribution codes are found in box 7 of Form 1099-R. The IRA/SEP/SIMPLE box is usually located right next to box 7.
It’s important that the correct distribution codes are entered. If the codes on the form are incorrect, you should try to obtain a form with the correct codes from the payer. If you can’t get them, enter the codes which accurately describe the transaction. If you aren’t sure, then just report what’s on your 1099-R and we’ll continue with tailored follow-up questions. If you get new info, later on, come back to this section and enter the corrected info for this 1099-R
Log back into your 1099-R
- Enter 7 in Box 7
- Do you have info in Box 2a or Box 2b? = Yes/No
- Do any of these situations apply to you? = None of these apply
- How much of the $XX, XXX was an RMD? = None of this withdrawal was a RMD
- Tell us if you moved the money through a rollover or conversion = I converted some or all of it to a Roth IRA
- Continue the interview
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