I received a distribution from a Roth IRA this year. The code the give in box 7 of my 1099-R is 2B but when I enter that into my turbo tax it is not valid ?

[folmsbeeja]

Turbo tax says the "B" should not be used for IRA distributions but it is what in Box 7

[MinhT1]

You should enter code 2B as 2 separate codes. In the entry screen of form 1099-R, there are two lines to enter the codes in box 7. In the first box, choose 2. In the second box. choose B.

[MinhT1]

Code B is for a Designated Roth account distribution.

If you are unsure, you should reach out to the issuer of the form 1099-R.

[dmertz]

In the questions that follow the entry of the Form 1099-R details, you must indicate that the distribution is NOT from a Roth IRA.  This is a trick question that serves only to catch the unwary since the code B already indicates that the distribution is not from a Roth IRA.  Edit the Form 1099-R and answer this question correctly.