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My 1099-r has a distribution code 2b, but that is not an option in the pull down menu, how do I file that?

 
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8 Replies

My 1099-r has a distribution code 2b, but that is not an option in the pull down menu, how do I file that?

Box 7?

 

that's a "2"....and a "B" on separate lines.

 

 

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
TomK100
Expert Alumni

My 1099-r has a distribution code 2b, but that is not an option in the pull down menu, how do I file that?

Please see DoninGA and dmertz responses to a similar question about a 1099-R "2b" code.

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My 1099-r has a distribution code 2b, but that is not an option in the pull down menu, how do I file that?

Ahh Cripes...double problem

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

My 1099-r has a distribution code 2b, but that is not an option in the pull down menu, how do I file that?

Yes! In box 7 under distribution code it says 2B. I can choose 2 or B under the pull down menu, not both... which am I supposed to choose? And I think it’s different from last years options according to last years tax help forums, so I’m not sure if those are very helpful? Though it seems to be smart to contact the payee of the 1099r and figure out if there is supposed to be a correction made? 

JulieS
Expert Alumni

My 1099-r has a distribution code 2b, but that is not an option in the pull down menu, how do I file that?

There are two boxes available in the box 7 area of the  1099-R screen.

 

Select 2 for the first one and B for the second one.

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markscott
New Member

My 1099-r has a distribution code 2b, but that is not an option in the pull down menu, how do I file that?

I actual have a 1099-R with box 7 B2.  It was an early Roth IRA distribution.  Turbo Tax will not let me enter this.  This is my final error to file my taxes.  How to I get around it?

MaryK4
Expert Alumni

My 1099-r has a distribution code 2b, but that is not an option in the pull down menu, how do I file that?

You have to enter the B and the 2 as separate entries.

@markscott

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dmertz
Level 15

My 1099-r has a distribution code 2b, but that is not an option in the pull down menu, how do I file that?

Codes B and 2 together do not indicate a distribution from a Roth IRA, it instead indicates a distribution from a designated Roth account in a 401(k) or similar qualified retirement plan.  You must answer No when TurboTax asks if the distribution was from a Roth IRA.

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