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Retirement tax questions
If you are referring to box 7 on a 1099-R. Three 1099-R forms?
Those are actually two codes....
a B and a 1
a 1 and a B
an M and a 1
______
Each is put in as a separate box 7 entry (two boxes are provided in the software form)
The order of B & 1 vs 1 & B is probably not important.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
March 10, 2023
8:22 AM