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Can someone walk me through the questions for the 1099-R?

 
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2 Replies
JamesG1
Employee Tax Expert

Can someone walk me through the questions for the 1099-R?

The questions for the entry of IRS form 1099-R vary based upon the entries in box 1 and box 2a and the many codes that are reported in box 7.

 

Entries vary depending upon whether the distribution is an IRA, an annuity or one of several qualified pensions.

 

What question do you have?  Are you reporting code 7 in box 7?  If not, what are you reporting?  Do you report entries in box 1 and box 2a?  Please clarify.

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Can someone walk me through the questions for the 1099-R?

And are you the age you have to take the RMD Required Minimum Distribution?  Those questions can be confusing.

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