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I’m reporting a substitute 1099-R for a Roth 401(k) excess contribution correction with Codes B and E, per IRS rules, but get an error. Any reasons why? workaround?
I have a Roth 401K excess contribution and earnings to it which were withdrawn and checks were mailed to me this week. In substitute 1099-R enter in box 7a -'B designated Roth account distribution' and in box 7b -'E distributions under EPCRS'
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March 7, 2025
4:42 PM