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kjmason2004
New Member

IRA

I have a 1099-R from which I had to take a mandatory distribution. This was converted from a 401k decades ago and there have been no contributions. The 1099-R has the IRA/SIMPLE/SEP box checked. Turbotax is asking if this was for a SIMPLE IRA or a SEP IRA. What does this matter?

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last updated ‎April 12, 2026 11:46 AM
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DavidD66
Employee Tax Expert
Employee Tax Expert

IRA

It doesn't in your case.  SIMPLE and SEP IRAs are types of retirement plans, but don't apply to your situation.  You should answer no and move on. 

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