Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Your taxes, your way. Get expert help or do it yourself. >> Get started
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
brockwood64
New Member

I have multiple 1099-R forms with different Box 2a, 2b & 4 amounts + different Box 7 codes. IRS instructions are vague. Who can help?

1099-R (a) Box 1 & 2a show $X, Box 4 shows 0.2 of X PAID with Box 7 Distribution Code 1 for early.

1099-R (b) Box 1 shows $Y, 2a shows $0.00, 2b shows Total Distribution with Box 7 code G for Rollover.

How is this supposed to be reported?

1 Reply
BAF
New Member

I have multiple 1099-R forms with different Box 2a, 2b & 4 amounts + different Box 7 codes. IRS instructions are vague. Who can help?

Enter each 1099-R individually and populate the respective boxes EXACTLY as stated in the 1099-R. Pay special attention to the Codes in box 7.....and be sure to choose the corresponding code from the drop down.

About Community

Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement.

3.49m
Members

2.63m
Discussions

Manage cookies
v