@coolkiwilivin wrote:
Box 7 says distribution code and in it is the Letter G. thanks!
A code G is a direct trustee-to-trustee rollover. If this was a rollover to a Roth IRA then the box 2a taxable amount should be the same as box 1 less any amount in box 5.
If box 2a is zero on the 1099-R then the 401(k) trustee specified that this was a rollover to a Traditional IRA and not a Roth IRA.
**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.**
