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New Member
posted May 31, 2019 7:48:28 PM

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?

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1 Best answer
Level 15
May 31, 2019 7:48:30 PM

Its two codes, on two lines...a "B" and a "1".

2 Replies
Level 15
May 31, 2019 7:48:30 PM

Its two codes, on two lines...a "B" and a "1".

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.