Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 4, 2019 4:38:21 PM

For a 1099-R, box 7 says IRA/SEP/SIMPLE. What distribution code is this (category)?

0 1 1333
1 Replies
Level 15
Jun 4, 2019 4:38:22 PM

"IRA/SEP/SIMPLE" is the name of the checkbox adjacent to the code box, not the code box.  If you were age 59½ or over at the time of the distribution, you'll likely find that box 7 has a 7 in it.