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If Box 7 is blank and has no distribution code but will not let me move on to next page.

If Box 7 is blank , no distribution code how do you override select to be able to move on to next page.
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1 Best answer

Accepted Solutions
MaxA1
Expert Alumni
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

If Box 7 is blank and has no distribution code but will not let me move on to next page.

A 1099-R form should always have a distribution code in Box 7 to identify the tax treatment of the distribution. If Box 7 is empty, the form is likely incomplete, and you should contact the financial institution for a corrected form to avoid potential IRS issues. Steps to Take if Box 7 is Blank:

 

  • Check Again: Ensure you aren't confusing the code "7" (representing a normal distribution) with the box number "7" itself.
  • Contact Issuer: Reach out to the bank, brokerage, or retirement plan administrator to request a corrected Form 1099-R with the code filled in.
  • Review Prior Years: If you had a similar distribution in a prior year, you might find the appropriate code from the prior year's form, but a corrected form is still the best solution.

Without a code, you can't properly report the income, which may result in tax return rejection, errors or delays.

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**Mark the post that answers your question by clicking on "Mark as Best Answer"

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1 Reply
MaxA1
Expert Alumni
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

If Box 7 is blank and has no distribution code but will not let me move on to next page.

A 1099-R form should always have a distribution code in Box 7 to identify the tax treatment of the distribution. If Box 7 is empty, the form is likely incomplete, and you should contact the financial institution for a corrected form to avoid potential IRS issues. Steps to Take if Box 7 is Blank:

 

  • Check Again: Ensure you aren't confusing the code "7" (representing a normal distribution) with the box number "7" itself.
  • Contact Issuer: Reach out to the bank, brokerage, or retirement plan administrator to request a corrected Form 1099-R with the code filled in.
  • Review Prior Years: If you had a similar distribution in a prior year, you might find the appropriate code from the prior year's form, but a corrected form is still the best solution.

Without a code, you can't properly report the income, which may result in tax return rejection, errors or delays.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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