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Level 1
February 12, 2022
Question

Can't find distribution code GB in 1099-r distribution?

  • February 12, 2022
  • 2 replies
  • 30 views
distribution code GB not on dropdown

2 replies

DoninGA
Level 15
Level 15
February 12, 2022

Enter the first code in box 7 and the second code in the box directly below the first code in box 7.

Level 15
February 12, 2022

To report a distribution code 'GB' on Form 1099-R, you must select each letter separately.

 

Choose 'G' as the distribution code in the first drop-down box for box 7; then choose 'B' as the distribution code in the second drop-down box for box 7.

 

'GB' should indicate the direct rollover of a designated Roth account.

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