dmertz
Level 15

Retirement tax questions

This prompt results from entering a code 1, 2 or 7 Form 1099-R for a distribution from an IRA and you mistakenly entered a zero in box 2a of TurboTax's 1099-R form.  The IRS requires that a Form 1099-R with code 1, 2 or 7 in box 7 and the IRA/SEP/SIMPLE box marked always have the same amount in box 2a as is in box 1.

 

A rollover or Roth conversion is to be indicated in the questions that follow entering the form details exactly as they are shown in on the form provided by the payer.

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