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Retirement tax questions
Box 7 - G
distribution code
No withholdings.
Money from the 401K was moved to traditional IRA. Now that I entered the 1099-R, it shows up in the Income section on TurboTax, as a Gross Distribution. Is that correct?
I want to make sure that code G let's them know that I didn't withdraw the money and use it, it was indirectly rolled over to a traditional IRA.
‎February 10, 2025
10:34 AM