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IRA box does not have an X in it
I recently rolled over an employer 401K plan in to a traditional IRA at Vanguard. When rolling it over (at the end of 2022). they said I was required to take my RMD for 2023, so I took it and received it. On the tax form I just got from Vanguard, they show distribution code 7 but the IRA/SEP/SIMPLE box is not checked. Because of this, this distribution shows up under Pensions and Annuities on my 1040 instead of IRA distributions. Is that correct? I would think not, but didn't know if I should just make an X in the box on the online software.
Thanks!
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‎January 26, 2024
2:03 PM