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Returning Member
posted Jan 18, 2025 10:46:30 AM

1099-r correction help

My wife received her 1099-r. It’s saying that it’s taxable even though she moved it to a Roth IRA directly. How do I get this form corrected? 

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1 Best answer
Level 15
Jan 19, 2025 7:51:25 AM

A direct rollover from a traditional 401(k) account, indicated by the code G, to a Roth IRA is indeed taxable.  The Form 1099-R is correct, so enter it as received.

4 Replies
Level 15
Jan 18, 2025 11:04:13 AM

What did she move it from?  Unless it was from another ROTH account then it is taxable.  What code is in box 7?  

Returning Member
Jan 18, 2025 11:41:55 AM

I believe it states G. And it came from pension provider. I wish they advised us if that was the case 

Level 15
Jan 18, 2025 1:54:37 PM

Code G is direct transfer and not taxable.  It probably needed to go into a Traditional IRA not a ROTH IRA.    Still need to know exactly what kind if account it came from.  Like a 401K and if it was a Roth.   @dmertz can you help?

Level 15
Jan 19, 2025 7:51:25 AM

A direct rollover from a traditional 401(k) account, indicated by the code G, to a Roth IRA is indeed taxable.  The Form 1099-R is correct, so enter it as received.