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TT is asking if the "IRA/SIMPLE/SEP box is checked" on my 1099-R. "IRA/SIMPLE/SEP" is typed in Box 7 Distribution Code(s) but there is no box to check next to it.

 
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2 Replies

TT is asking if the "IRA/SIMPLE/SEP box is checked" on my 1099-R. "IRA/SIMPLE/SEP" is typed in Box 7 Distribution Code(s) but there is no box to check next to it.

Is your account an IRA?
if so, say yes to check the box.

TT is asking if the "IRA/SIMPLE/SEP box is checked" on my 1099-R. "IRA/SIMPLE/SEP" is typed in Box 7 Distribution Code(s) but there is no box to check next to it.

The IRA box is a separate box on the 1099R between boxes 7&8.  It would have an X typed in it if it is checked.

https://www.irs.gov/pub/irs-pdf/f1099r_20.pdf 

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