I have 4 different codes (B,7,G,2) in box 7, but I'm only allowed to enter 2?

[trex9669]

How can I enter the other 2 codes?

[DoninGA]

Only two codes are allowed to be used in box 7 of the Form 1099-R.

IRS Form 1099-R instructions - https://www.irs.gov/pub/irs-pdf/i1099r.pdf

On page 15 of the instructions -

Enter a maximum of two alphanumeric codes in box 7

Contact the Payer of the 1099-R and request a corrected form.

[dmertz · Accepted solution]

Assuming that the payer did not totally mess up this Form 1099-R, you have at least three different individual Forms 1099-R on the page that you received from the payer.  In addition to the IRS not permitting more than two codes to be combined on an individual Form 1099-R, codes 2 and 7 are never permitted to be used together on an individual Form 1099-R because code 2 indicates a distribution made before you reached age 59½ and code 7 indicates a distribution made after you reached age 59½.  Further, code G is never permitted to be combined with code 2 or code 7.  If the code B is not clearly combined with one of the other codes (two codes side-by-side), it's likely that the code B represents yet another individual Form 1099-R.

Each individual Form 1099-R must be entered into TurboTax separately.  Each will have its own amount for box 1 as well as other boxes such as box 2a for any taxable amount and box 4 for federal income tax withholding.  These are not permitted to be summed together onto a single 1099-R form in TurboTax.

[trex9669]

Thank you for a knowledgeable response. I actually have 4 forms with 4 different codes as you surmised. The solution the turbo advisor came up with was to upload the docs which seems like a reasonable solution..I hope so anyway. Thanks again....