MarilynG1
Expert Alumni

Retirement tax questions

If IRA is not checked on your 1099-R, uncheck that box.  If it's not a 403B (usually retirement account for civil employees), don't check that one either.  Can you check 'Other'?

 

Code T in Box 7 indicates a Roth distribution, exception applies.  You should uncheck the box for 'If box 7 code is 2 or 5'.

 

If you indicated that you inherited this account, and that the Roth account has been open over 5 years in the interview, you're correct that it's not a taxable distribution.

 

Here's more info on Inherited Retirement Plan Distributions.

 

 

 

@Ken_123 

 

 

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