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Level 2
Sep 3, 2021 4:41 PM UTC
Solved

1099-R has box 7 has Code 7

and the line between Line 7 and 8 says IRA/SEP/SIMPLE but there is no corresponding choice in the pull down menu in TurboTax 2020 Premier. What do I do?

    DanPaul02Answer
    Level 8
    Sep 3, 2021 4:56 PM UTC

    Select 7 in Box 7 and check the IRA/SEP/Simple box.

     

    4 replies

    DanPaul02Answer
    Level 8
    Sep 3, 2021 4:56 PM UTC

    Select 7 in Box 7 and check the IRA/SEP/Simple box.

     

    Level 2
    Sep 3, 2021 5:04 PM UTC

    Thank you. I don't know how I missed that.

    VolvoGirl
    Level 15
    Sep 3, 2021 4:56 PM UTC

    You pick 7 non disability from the first drop down box.  There is no second code listed so skip that drop down.  Then you only check the little IRA box if it is checked on your 1099R.  It is just a checkmark (click in the little box).

    VolvoGirl
    Level 15
    Sep 3, 2021 4:59 PM UTC

    Actually it might say 7 Normal.  This is from 2017 but might be similar