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Has anyone had issues with Turbo tax not accepting the code B2 for the 1099-R?

 
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3 Replies

Has anyone had issues with Turbo tax not accepting the code B2 for the 1099-R?

Explain what "not accepting" means?   

 

Enter B in the top box 7 and 2 in the lower box 7.  (Online click the add a  2nd box 7 below the box 7.)

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

Has anyone had issues with Turbo tax not accepting the code B2 for the 1099-R?

Yes on the 1099 R on box 7. The code on my 1099R is B2. However during the checks by Turbo tax, it says the code is incorrect. 

 

dmertz
Level 15

Has anyone had issues with Turbo tax not accepting the code B2 for the 1099-R?

This is not a distribution from a Roth IRA.  Edit this 1099-R and correct the answer that you made to that unnecessary and misleading question asked by TurboTax.  You must answer No.

 

Code B unconditionally indicates that the distribution is from a Designated Roth Account in a qualified retirement plan like a 401(k), not from a Roth IRA.

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