dmertz
Level 15

Retirement tax questions

If you received two Forms 1099-R, one with code G and one with code H, both must be reported.  Each of these is considered to be income, although the income reported on the code H is nontaxable income and box 2a of the code G Form 1099-R indicates the amount of that distribution is taxable income, with the difference between the box 1 and box 2a amounts being nontaxable income.