You'll need to sign in or create an account to connect with an expert.
After you enter the Form 1099-R, one of the follow-up questions will pertain to whether the amount was rolled into another type of retirement account. Be sure that this question is answered accurately to get the correct tax treatment for your distribution.
Thanks very much for your reply. I finally figured out that since it was a distribution code type "G" the amount was automatically calculated as a rollover. As a result I was not asked the follow-up question about what I did with the distribution amount. Confused for a while but I'm back on track now. Thanks again.
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.
KarenL
Employee Tax Expert
user17622818071
Level 1
stevekewley
New Member
carlcam
Returning Member
Ambilobe
Returning Member