I have a 1099R for a total distribution. In box 7, the code is 2B. On the back of the 1099, B is described as designated Roth account distribution, which this is. But TurboTax keeps saying that B cannot be in that box: Box 7b distribution code is invalid. A distribution code of B should not be used for IRA distributions.
1. This is a 401k distribution, not an IRA distribution.
2. It IS a Roth distribution and the code is mentioned on the back of the 1099.
The system is not allowing me to efile because of this...every time I try to transmit, it takes me back to this entry to "fix" what isn't broken. Who might be able to help with this?
Thank you!