1099-R Box 7

[chulo68]

Retired Fed.  with special ROTH withdraw waiver for disbursement under age 59 ½.  Issued 1099-R with box 7 code 2B for such withdrawal as per Public Law 114-26, but Turbo Tax won’t allow me to transmit information as it flags this as second code “B” is not used for IRA distributions.  System won’t allow transmission until I change code.

[dmertz · Accepted solution]

When you entered the code-2B Form 1099-R, you mistakenly answered Yes when TurboTax asked if the distribution was from a Roth IRA.  This is a trick question to which the only correct answer is No.  The code B indicates that the distribution is from a designated Roth account in an employer plan and not from a Roth IRA.

Edit your entry of this From 1099-R and indicate that the distribution is not from a Roth IRA.

[chulo68]

Thanks for the prompt response, your suggestion resolved the issue.  Thank you