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Retirement tax questions
What's the code number or letter in box 7 (or two numbers/letters) of the 1099-R?
If a "G" then it alredy knows it was rolled....you just had to let it know in the follow-up Questions that it wasn't to a ROTH.
But check your form 1040 to be sure. If that was your only IRA withdrawal...then the total distribution amount should be in line 4a, and nothing/a zero in line 4b....unless taxes were withheld originally and you didn't roll the gross distribution back in......including the withheld taxes.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
‎January 17, 2025
1:12 PM
2,608 Views