Level 15

Retirement tax questions

It doesn't seem to make sense that a Form 1099-R would show both your husband and a trust as the recipient.


What is the nature of the distribution being reported?  From what kind of account was the distribution made?

What is the code in box 7 of the Form 1099-R?

Is the IRA/SEP/SIMPLE box marked?

What is "my trust?"   Is it a trust of which you are the beneficiary?

Is your husband the trustee of the trust?

Did your husband and the trust each receive separate distributions?

Is the recipient's TIN your husband's SSN or the trust's EIN?

Are you preparing an individual tax return (Form 1040) or a trust tax return (Form 1041)?