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rodreno
New Member

wrong distribution code used on my 1099-R. 4 not 7. What to do?

Payee error o code on my 1099-R? What can I do?
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2 Replies

wrong distribution code used on my 1099-R. 4 not 7. What to do?

You will have to contact the payer to get a corrected Form 1099-R.

wrong distribution code used on my 1099-R. 4 not 7. What to do?

You have to get the plan to change it.  Did you inherit it from someone?   Why do you think it should be a 7?  Only a spouse that assumes the IRA can use code7.   401K has to stay inherited with code 4,   @dmertz 

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