How Can We Help?
< Back
You are here:
Print

1099-R

Posted
Last Updated On
ByLefty

L1: 1099-RWhat is the function of the IRA/SEP check box in box 7 of the 1099-R? My form is marked with the distributioncode 2 but the IRA/SEP box is unchecked. My funds come from a traditional IRA.2005-06-02 05:57, By: Lefty, IP: [66.82.9.57]
L2: 1099-RHello Lefty. I’m not in the tax preparation business but from my experience doing my own taxes, I would say you might have an incorrectly coded 1099-R. Suggest you check with your IRA custodian to see what’s going on.
Jim2005-06-03 09:51, By: Jim, IP: [70.184.1.35]

L2: 1099-RIs the IRA box normally checked when receiving a 72t distribution from a traditional IRA account?2005-06-05 13:59, By: Lefty, IP: [66.82.9.66]

Table of Contents