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carlah
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Do I select Yes or No for 1099R if box 7 IRA/SEP/SIMPLE is not checked but box 8 has number?

 
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4 Replies

Do I select Yes or No for 1099R if box 7 IRA/SEP/SIMPLE is not checked but box 8 has number?

Box 7 will have a number or an alpha character entered.  Next to box 7 will be the IRA/SEP/SIMPLE box.  If that box is Not checked answer No.

Do I select Yes or No for 1099R if box 7 IRA/SEP/SIMPLE is not checked but box 8 has number?

If the little IRA box is not checked then it's probably NO.  Or whatever means no on that screen.  If it's asking if it is NOT checked then answer Yes.  Just look at the IRA/SEP/SIMPLE box nothing else.   Just that one little box.

Do I select Yes or No for 1099R if box 7 IRA/SEP/SIMPLE is not checked but box 8 has number?

Took me awhile but I found the question and made a screen shot.  Lets see if this comes out......

 

1099R IRA box checked.jpg

Do I select Yes or No for 1099R if box 7 IRA/SEP/SIMPLE is not checked but box 8 has number?

Oh,  if your 1099R does not have that IRA box on it, then it would be BLANK.

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