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.
02594
2 Replies
fanfare
Level 15
Jan 29, 2021 7:05:06 PM
Is your account an IRA? if so, say yes to check the box.
VolvoGirl
Level 15
Jan 29, 2021 7:11:14 PM
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.