Turbo tax is telling me that Box 7b ditribution code "7" is not appropriate based on the other code "8" entered in box 7a. please correct or remove the code
Are you entering each 1099R separately? You have to. After you enter one 1099R keep going through the followup questions several pages to the end before entering the other 1099R. @dmertz
I will have to look. One 1099-R is from MEM and the other 1099-R is from RET.
I went to the end of filing and was doing the review page before submitting my return. It was flagged by Turbo Tax.
Thanks
I agree with VolvoGirl that it seems that the code 8 and the code 7 are associated with two different distributions. The distribution being reported with code 8 would be associated with a return of excess contribution and the distribution being reported with code 7 would be an ordinary distribution.
Thanks , I know what they are for I just dont understand why turubotax is asking me to look to check the distribution codes.
it is saying that the codes dont match ?
"form 1099R ,box 7b distribution code "7" is not appropriate based on the other code "8" entered in box 7a. please correct or remove this code,
I entered as 2 seperate distributions with the correct codes that were given to me on the form
If you have two 1099-R's with the same Payor ID, Name, etc. somehow they are coming through the program as one distribution with two codes in Box 7, causing you to get an error.
I would advise deleting both 1099-R's, and re-entering them manually, possibly changing the Payor Name entry a bit if they are exactly the same.
Because of the different codes on each 1099-R, you will answer the follow-up questions differently for each form.
If you're in TurboTax Online, after deleting the 1099-R's, close the program, clear your Cache and Cookies, and return to re-enter them.
If this doesn't resolve the issue, you can Contact TurboTax Support for more help.