dmertz
Level 15

Retirement tax questions

JamesG1, this not a case of a correction to a Form 1099-R.  Question details indicate that the code 2 Form 1099-R correctly reports amounts distributed before reaching age 59½ and the code 7 Form 1099-R correctly reports amounts distributed after reaching age 59½.

 

knight500, make sure that you are entering these as two separate Forms 1099-R.  These are not permitted to be combined into a single Form 1099-R.  Putting code 2 and code 7 together will cause TurboTax to properly indicate an entry error with regard to the code selected in the second box 7 selection.  A Form 1099-R can never have two numeric codes together.