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New Member
posted Feb 4, 2025 1:48:46 PM

How do I answer "Where is your distribution from"? 1. 1099-R/Box 7=G/Box 2a=blank (traditional IRA rollover) 2. 1099-R/Box 7=4/Box 1&2a=same amount (deceased distrib)

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5 Replies
Expert Alumni
Feb 5, 2025 8:58:12 AM

Are you saying that you have two 1099-Rs, one with code G and one with code 4?

 

 

 

 

New Member
Feb 5, 2025 9:07:34 AM

Yes! Two separate 1099-R. Sorry, limited characters when submitting my post.

 

One had a code G with no taxable amount listed in box 2. This was a rollover traditional IRA. 

 

The other is a code 4 where the amounts in box 1&2 are the same. This is a distribution inherited from someone that passed away.

 

Not sure which option to choose under “Where did this distribution come from?” for these two 1099-R.

 

Thank you! 

Expert Alumni
Feb 5, 2025 9:29:01 AM

@lianas58 Can you clarify your state residency?  Thanks!

New Member
Feb 5, 2025 9:57:01 AM

Residency for both is NYC. Thanks!

Expert Alumni
Feb 5, 2025 10:12:01 AM

You will want to select: Not eligible for exclusion for those over age 59 1/2 for the 1099-R with Code G and the 1099-R with Code 4 UNLESS the inherited account was a government retirement.  New York allows an income exclusion for pensions from government plans if the are over 59 1/2.  @liana-muskin