1099-R input issues, do I need 4852 if correct and how do I get one?

Forum|Forum|5 years ago
February 23, 2021
6 replies
68 views

I had a 403b Roth and rolled it over to a Roth IRA. I received the 1099-R form, but it doesn't have the "box 9," so I had to check the "Substitute Form 1099-R" and enter the information that way, even though the form is not in error. Now when I try to file, it tells me I need a "Form 4852: Substitute Form W-2, 1099-R." I'm assuming that part of this is that my work goofed (not surprised) on the W-2 and I need a new one, but in addition, I need a 4852 (?) and additional 1099-R? I spoke to Nationwide and they confirmed that the information on my 1099-R is accurate, and so are the codes in box 7 (listed as BG, but BH would also be accurate). It looks like nobody (?) is allowed to e-file this year from other comments I'm seeing, but am I only waiting on the replacement W-2, or is there some other form I am supposed to be waiting on? Thank you.

Best answer by DaveF1006

First of all, let's start fresh. Go to tax tools>tools>delete a form>delete all 4852 forms that appear in the list of forms. Chances are, you may have more than one.

Now review your 1099R
After review, scroll through the section until the reach the area that says Tell us if any of these uncommon situations apply
Here choose I need to file a substitute 1099-R
As you continue through the screens, you will eventually arrive at the screen that says Substitute 1099-R agreement
press continue and answer the questions that is asked. From then on, your 4852 is complete.

macuser_22

Alumni - Champ

Box 9 is irrelevant and any employee contribution would be in box 5, but for a code BG which is a direct rollover of a Designated Ruth 401(k) to another Designated Roth 401(k) plan.

If this was rolled into yiur Roth IRA then code H should have been used.

This has nothing to do with a W-2. The form 4852 is used for different things.

You can use a substitute 1099-R with a code BH and explanation statement that it was a Roth IRA destination and the account trustee refused to correct it. Everything else should re the same on the substitute.

**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.**

DaveF1006Answer

Level 15

First of all, let's start fresh. Go to tax tools>tools>delete a form>delete all 4852 forms that appear in the list of forms. Chances are, you may have more than one.

Now review your 1099R
After review, scroll through the section until the reach the area that says Tell us if any of these uncommon situations apply
Here choose I need to file a substitute 1099-R
As you continue through the screens, you will eventually arrive at the screen that says Substitute 1099-R agreement
press continue and answer the questions that is asked. From then on, your 4852 is complete.

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dmertz

Level 15

As macuser_22 said, code BG reports a rollover to a designated Roth account in a different qualified retirement plan like a 401(k), not to a Roth IRA. If the rollover was actually to a Roth IRA, the code should be H (without code B; code H is not permitted to be combined with code B since code H by itself already says that the distribution if from a designated Roth account in a qualified retirement plan).

macuser_22

Alumni - Champ

Right - I meant to say H for the substitute - I corrected it.

**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.**