dmertz
Level 15

Retirement tax questions

Just to be sure that I've interpreted your description of this correctly, please answer the following questions:

 

  1. What is the code in box 7 of the Form 1099-R?
  2. Is the IRA/SEP/SIMPLE box marked?
  3. Is any amount shown in box 5?
  4. Was the check that they gave you made out to you personally or was it made out to the new custodian for your benefit?  (The fact that taxes were withheld suggests that it was made out to you personally.)