On my 1099-r form, box 7 has B1 in there, but i don't have an option to select B1. Is this the same as B?
027779
1 Best answer
SteamTrain
Level 15
May 31, 2019 7:48:30 PM
Its two codes, on two lines...a "B" and a "1".
2 Replies
SteamTrain
Level 15
May 31, 2019 7:48:30 PM
Its two codes, on two lines...a "B" and a "1".
dmertz
Level 15
May 31, 2019 7:48:32 PM
Code B means a distribution to you from a Designated Roth Account in a qualified retirement plan. Code 1 means that that distribution was made before you reached age 59½.