I received a 1099R with Box 7 containing codes D7. On source screen do I select "qualified IRA" or "None of the Above"? Also noted that when reviewing the screen, "None of the Above" is changed to " distribution before retirement". Is this normal?
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The code D indicates that the distribution is not from an IRA or any other kind of qualified retirement account.
As VolvoGirl indicated, the question that you are being asked is only to determine which subsequent questions to ask, if any. Your answer to this particular question is not recorded anywhere, so when you revisit the question, TurboTax again presents the default answer.
The code D indicates that the distribution is not from an IRA or any other kind of qualified retirement account.
As VolvoGirl indicated, the question that you are being asked is only to determine which subsequent questions to ask, if any. Your answer to this particular question is not recorded anywhere, so when you revisit the question, TurboTax again presents the default answer.
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