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New Member
posted Feb 16, 2024 11:37:18 AM

Why is the IRA/SEP/SIMPLE box checked on my 1099R when I'm retired?

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1 Best answer
Level 15
Feb 16, 2024 3:47:00 PM

Forms 1099-R report distributions from retirement accounts.  The marking of the IRA/SEP/SIMPLE box simply indicates that the distribution came from some type of traditional IRA.

2 Replies
Level 15
Feb 16, 2024 11:39:30 AM

Was it from your IRA?  Ask the plan if it wasn't from one of those 3 kinds of plans.  

Level 15
Feb 16, 2024 3:47:00 PM

Forms 1099-R report distributions from retirement accounts.  The marking of the IRA/SEP/SIMPLE box simply indicates that the distribution came from some type of traditional IRA.