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magarian
New Member

Why does code G distribution on 1099-R from 403b to an IRA cause MAGI to increase?

This increases MAGI above deductible limits ($118k) for any IRA Contribution for 2016.  On 1099-R, Box 2a is blank, 2b is blank and Total Dist has X.  Shouldn't rollover distribution be cancelled out by an equal IRA contribution as far as MAGI goes?

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dmertz
Level 15

Why does code G distribution on 1099-R from 403b to an IRA cause MAGI to increase?

1 Reply
dmertz
Level 15

Why does code G distribution on 1099-R from 403b to an IRA cause MAGI to increase?

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