My 1099-R Box 7 code is 4D for my Inherited Annuity Total Distribution, but TurboTax doesn't like the Source Code of Distribution of "None of the above"

[kharring58]

I received a 1099-R with Box 7 coded as 4D which is correct it is for an Inherited Annuity Total Distribution.  

In Federal it asks Where is this Distribution From?  Select the Source of this Distribution.  

I select "None of the above" because it is not a Qualified IRA or a Pension, it is an Annuity.

The program keeps switching it to "Pension/IRA distribution received before retirement age".  I am well over retirement age!

This is not correct, but I don't know what to do.  Does the software consider an Annuity an "Other qualified IRA distributions and private-source pensions"?

Of course the answer of "Pension/IRA....." flows into my Michigan State as a code "N-Other pension subject to Michigan tax".  

I have other Inherited IRA's as well & those have been entered without any issues.  

Any suggestions?

[DaveF1006]

To clarify, where are these questions coming from? Is this a 1099R, CSA/1099R, or CSF 1099R? Also is the Box on the 1099R checked indicating that this is a IRA?

[kharring58]

I am so sorry for the delay....we were traveling.  I did get an answer to my question, thank you.  

[Oldguy57]

It’s a known bug.  However, not all support people know about it.  Supposedly, it will be fixed in a “future update.”  I’ve been doing my taxes with TT for 10 years.  Now looking for an alternative method.

[jllenehan]

I have this problem too, and cannot get out of this loop. What is the solution???

[DanaB27]

If you are using TurboTax Desktop the issue with code 4D has been fixed. Please make sure you updated the software. You might have to delete and reenter Form 1099-R.

For TurboTax Online the fix is expected by the end of the week. 

@jllenehan