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Level 1
February 18, 2026
Question

wrong distribution code used on my 1099-R. 4 not 7. What to do?

  • February 18, 2026
  • 2 replies
  • 59 views
Payee error o code on my 1099-R? What can I do?

2 replies

DoninGA
Level 15
Level 15
February 18, 2026

You will have to contact the payer to get a corrected Form 1099-R.

VolvoGirl
Level 15
February 18, 2026

You have to get the plan to change it.  Did you inherit it from someone?   Why do you think it should be a 7?  Only a spouse that assumes the IRA can use code7.   401K has to stay inherited with code 4,   @dmertz