Retirement tax questions

If the IRA/SEP/SIMPLE box (next to box 7 on the TurboTax 1099-R data entry screen) is not checked on your 1099-R (it should not be) then be sure NOT to check it in TurboTax or it will be treated as a IRA when is it not.

**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.**