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posted Jun 6, 2019 9:20:27 AM

Two 1099R forms list gross distributions sums and zeros in space 1a. Space 7 list G4. Do these distributions affect taxable income?

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Expert Alumni
Jun 6, 2019 9:20:29 AM

Code G4 on your forms 1099-R indicates that the distributions are direct rollovers on death of the account holder.

These distributions are not taxable, but the forms 1099-R must be entered on your tax return.

1 Replies
Expert Alumni
Jun 6, 2019 9:20:29 AM

Code G4 on your forms 1099-R indicates that the distributions are direct rollovers on death of the account holder.

These distributions are not taxable, but the forms 1099-R must be entered on your tax return.