in [Event] Ask the Experts: Biz Recordkeeping & 1099-NEC Filing
You'll need to sign in or create an account to connect with an expert.
Get a corrected Form 1099-R from the payer.
You either are rolling over the distribution showing a code G in box 7.
Or you are receiving a distribution that is an — Early distribution, no known exception (in most cases, under age 59½) with a code 1 in box 7.
It can only be one or the other, it cannot be both.
Code 1 and G are not allowed - they would be reporting conflicting things.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
user17629581143
Level 1
in [Event] Ask the Experts: Biz Recordkeeping & 1099-NEC Filing
hgpeck1945
New Member
HollyP
Employee Tax Expert
HollyP
Employee Tax Expert
HollyP
Employee Tax Expert