- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
There won't be any tax due to the distribution being with a a G. That is the proper code. It is used for a direct rollover from a qualified plan. It is just going from one qualified plan to another qualified plan, which has to be reported on 1099-R. The Code G means it is a not-taxable transfer.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 31, 2024
6:30 PM