You'll need to sign in or create an account to connect with an expert.
Yes. They are required to provide you with a Form 1099-R that will have code G in box 7, the IRA/SEP/SIMPLE box unmarked, the gross amount in box 1 and the taxable amount in box 2a. If your traditional account in the 401(k) was entirely pre-tax, the amount in box 2a will be the same as the amount in box 1.
Yes. They are required to provide you with a Form 1099-R that will have code G in box 7, the IRA/SEP/SIMPLE box unmarked, the gross amount in box 1 and the taxable amount in box 2a. If your traditional account in the 401(k) was entirely pre-tax, the amount in box 2a will be the same as the amount in box 1.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
schiarulli
New Member
sehoffma
Level 3
jsigona
New Member
user17627469163
Level 1
rprastein
Level 3