My 1099-R for 2 RMD accounts have the IRA/SEP/SIMPLE box checked but Turbo Tax calls it a Life Insurance Annuity and may be incorrect. Have others reported this?
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Can you clarify your question by stating what code(s) is in Box 7 of your 1099-R?
It is Box 7 - Code 7. I inadvertently also said D (Life Insurance Annuity). When this is removed the problem went away.
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