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?
Review was made by going through update process, not using Back key.
You'll need to sign in or create an account to connect with an expert.
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.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
frankfei
New Member
j_pgoode
New Member
vor17tex
Level 2
rcstaub
New Member
x9redhill
Level 2