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Level 2
Jun 23, 2020 6:21 PM UTC
Question

!009-R with Code G and a taxable amount in box 2a

Client received a 1099-R as described above.  ProSeries is not including the box 2a amount in income.

The client called the plan Trustee who advised that the box 2a amount is taxable.  Any suggestions.

 

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2 replies

Just-Lisa-Now-
Intuit Community Champion
Jun 23, 2020 6:46 PM UTC

OK so the big question  DID the money get rolled over?  Did they roll it into a ROTH IRA instead of a traditional IRA by mistake, making it a taxable distribution?  

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Accountant-Man
Level 13
Jun 23, 2020 9:01 PM UTC

Then code G is wrong.

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