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Will my 1099R indicate that the distribution was a RMD? What would the number from 8 to 14?

 
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KatrinaB
Intuit Alumni

Will my 1099R indicate that the distribution was a RMD? What would the number from 8 to 14?

Your Form 1099-R will not indicate that you are taking a required minimum distribution. It will be reported as a normal distribution with code 7 in Box 7 and boxes 8 through 14 are unrelated. Once you enter your personal information and Form 1099-R, the program will recognize the distribution as a required minimum distribution.

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1 Reply
KatrinaB
Intuit Alumni

Will my 1099R indicate that the distribution was a RMD? What would the number from 8 to 14?

Your Form 1099-R will not indicate that you are taking a required minimum distribution. It will be reported as a normal distribution with code 7 in Box 7 and boxes 8 through 14 are unrelated. Once you enter your personal information and Form 1099-R, the program will recognize the distribution as a required minimum distribution.

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