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hyaony
New Member

Hi, I have 1099-R form with code 2B in box 7, the form has only 120.51 amount in box 5, 0 amount in box 1 and 10. When I do my final review, it gives error in code B.

 
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1 Best answer

Accepted Solutions
dmertz
Level 15

Hi, I have 1099-R form with code 2B in box 7, the form has only 120.51 amount in box 5, 0 amount in box 1 and 10. When I do my final review, it gives error in code B.

In the questions that follow the entry of the details of the Form 1099-R, you must answer that the distribution is NOT from a Roth IRA.  It's an unnecessary trick question since code B indicates that the distribution is from a designated Roth account in a qualified retirement plan like a 401(k), 403(b) or 457(b), not from a Roth IRA.

Go back and edit the 1099-R in TurboTax to correct your answer to this question.

View solution in original post

4 Replies
dmertz
Level 15

Hi, I have 1099-R form with code 2B in box 7, the form has only 120.51 amount in box 5, 0 amount in box 1 and 10. When I do my final review, it gives error in code B.

In the questions that follow the entry of the details of the Form 1099-R, you must answer that the distribution is NOT from a Roth IRA.  It's an unnecessary trick question since code B indicates that the distribution is from a designated Roth account in a qualified retirement plan like a 401(k), 403(b) or 457(b), not from a Roth IRA.

Go back and edit the 1099-R in TurboTax to correct your answer to this question.

hyaony
New Member

Hi, I have 1099-R form with code 2B in box 7, the form has only 120.51 amount in box 5, 0 amount in box 1 and 10. When I do my final review, it gives error in code B.

Ok, thanks for the help!

Hi, I have 1099-R form with code 2B in box 7, the form has only 120.51 amount in box 5, 0 amount in box 1 and 10. When I do my final review, it gives error in code B.

Make sure this is entered as two codes in 7 box 1 is a "2" and box 2 is a "B"

hyaony
New Member

Hi, I have 1099-R form with code 2B in box 7, the form has only 120.51 amount in box 5, 0 amount in box 1 and 10. When I do my final review, it gives error in code B.

I did input "2" in box 1 and "B" in box 2, but turbo tax gives me error message in B in final review.

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