topic Whats the code in Box 7 of the 1099R? in Retirement tax questions

After Entering my wifes 1099R, Turbo tax is assuming she just retired and received a lump sum by asking Did she inherit this IRA and then what she did with the money?

jdlilly127 — Wed, 05 Jun 2019 22:08:50 GMT

TTAX is assuming my wife retired this year by asking if she inherited this IRA and then TTAX asks, Where did Mary move the money, like we took a lump sum. This happens just after entering info on 1099r. This is a monthly distribution that we started years ago.

Sounds to me like your wife is getting distributions from...

TomYoung — Wed, 05 Jun 2019 22:08:52 GMT

Sounds to me like your wife is getting distributions from a pension but you ticked the box on the 1099-R that says the distribution is from an IRA.

Whats the code in Box 7 of the 1099R?

Lisa995 — Wed, 05 Jun 2019 22:08:53 GMT

Whats the code in Box 7 of the 1099R?

The code is 7 in Box 7

jdlilly127 — Wed, 05 Jun 2019 22:08:54 GMT

The code is 7 in Box 7

What box number are you referring to that was ticked acci...

jdlilly127 — Wed, 05 Jun 2019 22:08:56 GMT

What box number are you referring to that was ticked accidentally as an IRA? please state BOX Number.

Next to Box 7 is a checkbox that says IRA/SEP/SIMPLE if...

Lisa995 — Wed, 05 Jun 2019 22:08:57 GMT

Next to Box 7 is a checkbox that says IRA/SEP/SIMPLE if that gets checked the software considers it an IRA.

If the form isn't acting like expected, I'd delete that 1099R and re-enter it from scratch

I will try to delete and redo

jdlilly127 — Wed, 05 Jun 2019 22:08:59 GMT

I will try to delete and redo

Deleteing the Original 1099r was the answer. I was able...

jdlilly127 — Wed, 05 Jun 2019 22:09:00 GMT

Deleteing the Original 1099r was the answer. I was able to move past the Lump Sum questions. Thank You

Every once in awhile a form just gets corrupted or someth...

Lisa995 — Wed, 05 Jun 2019 22:09:01 GMT

Every once in awhile a form just gets corrupted or something, not sure how or why, but deleting and reentering it seems to solve it.

solved in comments

Lisa995 — Wed, 05 Jun 2019 22:09:03 GMT

solved in comments