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1099-R with code H in box 7 issue?
This 1099-R is a company Roth 401k total distribution direct rollover to Roth IRA, dollar amount in box 1 with box 5 has the same dollar amount as in box 1, $0 in box 2a, with code H in box 7.
After entering this 1099-R, 1040 form line 4a, 4b blank but line 4c rollover was checked, but line 5a, 5b have the correct dollar amount as in box 1 and 2a of 1099-R, and 1040 line 5c no item was checked.
That's not correct, as you would expect line 5c rollover should be checked and not line 4c.
This would cause your e-file with IRS rejected as you cannot rollover with $0 in line 4a (with line 4c rollover checked).
Does anything come across this issue?
How to fix this?
Do Turbo Tax know about that?
3 weeks ago