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Retirement tax questions
There are multiple codes for Box 7 that apply to Roth IRA distributions. You should verify with Fidelity that they used the correct code and properly checked the IRA/SEP box.
This issue may not be resolved in time for you to file your taxes by the April 18, 2022 deadline. You may want to consider filing an extension to file you’re your tax return. This TurboTax link How do I file an IRS extension (Form 4868) in TurboTax Online? will assist you in filing an extension.
IRS extensions for tax year 2021 must be filed on or before April 18, 2022 for domestic taxpayers.
Keep in mind: An extension doesn't give you extra time to pay your taxes — but it will keep you from getting a late filing penalty.
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April 16, 2022
11:52 AM