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posted Jun 6, 2019 9:05:01 AM

How do I know if my money on the 1099-R form is from my ROTH IRA?

Do I need to contact my employer about this?

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1 Best answer
Level 15
Jun 6, 2019 9:05:04 AM

A regular distribution from a Roth IRA will have code J, T or Q in box 7.

Your employer doesn't have anything to do with a Roth IRA (except for possibly providing direct deposit of a portion of your pay, but it's still a personal IRA, not an employer plan).  Is this perhaps some other type of Roth account?  A distribution from a Roth account in a qualified retirement plan will include code B or H in box 7.

If the Form 1099-R includes code B in box 7, you MUST answer No if TurboTax asks if the distribution is from a Roth IRA; under these circumstances the question is a trick question that serves no valid purpose.

2 Replies
Level 13
Jun 6, 2019 9:05:03 AM

A Form 1099-R almost always indicates the account number from which the distribution is taken.  Can't you just look at that and see what account it came from?

Level 15
Jun 6, 2019 9:05:04 AM

A regular distribution from a Roth IRA will have code J, T or Q in box 7.

Your employer doesn't have anything to do with a Roth IRA (except for possibly providing direct deposit of a portion of your pay, but it's still a personal IRA, not an employer plan).  Is this perhaps some other type of Roth account?  A distribution from a Roth account in a qualified retirement plan will include code B or H in box 7.

If the Form 1099-R includes code B in box 7, you MUST answer No if TurboTax asks if the distribution is from a Roth IRA; under these circumstances the question is a trick question that serves no valid purpose.