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1099-R

I’m getting an error when I go to efile my 2020 taxes. The error I get is related to box 7 (distribution code) on my 1099-R Form. Since I have codes B and 2 on there turbo tax says “Box 7a distribution code is invalid. A distribution code of 'B' should not be used for IRA distributions”. I have 3 1099-Rs 2 of them are Roth 401K and 1 is a regular 401K. I’m not sure 

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1 Best answer

Accepted Solutions
dmertz
Level 15

1099-R

This distribution is from a designated Roth account in a qualified retirement plan.  It is NOT from a Roth IRA.  Go back and correct the answer that you made to TurboTax's unnecessary question asking if the distribution is from a Roth IRA.

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1 Reply
dmertz
Level 15

1099-R

This distribution is from a designated Roth account in a qualified retirement plan.  It is NOT from a Roth IRA.  Go back and correct the answer that you made to TurboTax's unnecessary question asking if the distribution is from a Roth IRA.

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