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Returning Member
posted Mar 16, 2025 4:51:23 PM

I have a 1099-R with distribution code 7D which is a normal distribution annuity payment from a non-qualified annuity but turbo tax it is entering as a IRA

when I entered a 1099-R with distribution code 7D "non-qualitifed annuity" it entered ti as a ira which is was not

0 4 1514
4 Replies
Expert Alumni
Mar 16, 2025 6:00:53 PM

Your experience has been forwarded to our TurboTax developers and they are working on a resolution.  There should be a resolution by the end of the week. Thank you for bringing to our attention.

 

[Edited 3/17/2025|12:25pm PST]

 

@djwick4166 

Returning Member
Mar 21, 2025 7:59:50 AM

Has this resolution been completed. If it has I am still having problems with my Minnesota M1PR homestead credit.

Also can I e-file my federal and state income tax now and then e-file my M1PR when the problem is fixed?

Expert Alumni
Mar 21, 2025 8:34:21 AM

 It depends. As of now, there doesn't seem to be any issues with the Minnesota Homestead credit. if you are having issues, you can apply for the refund directly through the Minnesota Online portal by clicking here. This way you can file your federal and state refund and receive your refund by applying through the portal.

Returning Member
Mar 21, 2025 8:55:23 AM

The problem is on Minnesota M1PR this code 7D  is thinking it is a IRA which it is not. It is an Non-qualified account thru Prudential Insurance. It is asking me to put in my RMD amount.