- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
This is two codes, code 1 and code M. Each must be selected separately after indicating to TurboTax that box 7 has more than one code. Also, code M cannot be used for a distribution from an IRA, so the IRA/SEP/SIMPLE box must not be marked on the Form 1099-R provided by the payer or on TurboTax's 1099-R form.
‎February 17, 2025
4:09 PM