Retirement tax questions

Unless there is a code "B" in box 7, box 11 should be blank.  If there is a code "B" then contact the 1099-R issuer.

Boxes 12-14 are for state tax withholding.   If box 12 is blank or zero on your 1099-R then 12-14 should be blank - not zero.   If there is state tax withholding (rare for a Roth), then box 13 must have the state ID and the payers stat ID number.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

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