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Level 1
February 26, 2021
Solved

1099-R

Received a 1099-R

Is this counted as income even the code on the item 7 is G?

DaveF1006
DaveF1006Answer
Alumni - Intuit
February 26, 2021

The 1099-R must be reported but will not be taxable because the code G represents a rollover. 

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1 reply

DaveF1006
DaveF1006Answer
Alumni - Intuit
February 26, 2021

The 1099-R must be reported but will not be taxable because the code G represents a rollover. 

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"