dmertz
Level 15

Retirement tax questions

The IRA/SEP/SIMPLE box being marked on the Form 1099-R provided by the payer indicates a distribution from an IRA.  No other code is permitted to accompany the code 7 in box 7.

 

"However it says I must add a letter A-M and I am not sure which one to check"

 

What is "it?"  Codes A and M are not permitted to be in box 7 for a distribution from an IRA.

 

Are you asking in regard to something needed on a state tax return?