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Retirement tax questions
Yes. They are required to provide you with a Form 1099-R that will have code G in box 7, the IRA/SEP/SIMPLE box unmarked, the gross amount in box 1 and the taxable amount in box 2a. If your traditional account in the 401(k) was entirely pre-tax, the amount in box 2a will be the same as the amount in box 1.
‎February 6, 2025
9:02 PM