topic I'm getting error on the Distribution code on my 1099-R (Box 7) when I enter it in. The code on my 1099-R is B2. Why won't Turbo Tax accept it? in Retirement tax questions

I'm getting error on the Distribution code on my 1099-R (Box 7) when I enter it in. The code on my 1099-R is B2. Why won't Turbo Tax accept it?

maria_r_castro — Mon, 29 Mar 2021 18:29:15 GMT

Re: I'm getting error on the Distribution code on my 1099-R (Box 7) when I enter it in. The code ...

Irene2805 — Mon, 29 Mar 2021 18:50:15 GMT

The code in Box 7 of your 1099R is actually two codes. Enter the B in the first box and then 2 in the second. [See Screenshot #1, below]

If you are using the online version of TurboTax, click the box I have more than one value in Box 7. [Screenshot #2] A second box will appear.

Screenshot #1

Screenshot #2

Re: I'm getting error on the Distribution code on my 1099-R (Box 7) when I enter it in. The code on my 1099-R is B2. Why won't Turbo Tax accept it?

dmertz — Mon, 29 Mar 2021 18:58:56 GMT

The code B indicates that this is not a distribution from a Roth IRA but is instead a distribution from a designated Roth account in a qualified retirement plan like a 401(k). Make sure that you answer No to TurboTax's unnecessary and misleading question asking if this distribution is from a Roth IRA.

Re: I'm getting error on the Distribution code on my 1099-R (Box 7) when I enter it in. The code on my 1099-R is B2. Why won't Turbo Tax accept it?

Ericaandmichael23 — Mon, 17 May 2021 18:32:46 GMT

So I have a 1B. I was told the 1 is used for covid and B??? I have a taxable amount(2a) that is smaller than(1) the gross. Box 5 has the difference of 1 and 2a. 11 2015. What do I answer on turbo tax