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I got a 1099R with a code R in box 7. Is this taxable? It
I got a 1099R with a code R in box 7. Is this taxable? It has an amount in box 1 but zero in box 2.… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,909 satisfied customers
Question about 1099. It is a 1099 R code G ..but when I got
it is a 1099 R code G ..but when I got check I just cashed it in my checking and did not roll to another IRA or Roth ..how do I file /correct the 1099 R … read more
James Daloisio
James Daloisio
Attorney
Doctoral Degree
1,025 satisfied customers
I need help for my taxes in regards to a 1099 R. I put
I need help for my taxes in regards ***** ***** 1099 R. I put $4,000 into the IRA in 2008. I did not contribute anything after the initial distribution and I didn't take out any money until 2018. I to… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,909 satisfied customers
I took 1 payment from my life insurance policy, which has
I took 1 payment from my life insurance policy, which has lost me money, started out metlife and now is brighthouse insurance, which is less that I invested. I received a 1099 R with figures in box 1 … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,909 satisfied customers
Lane responded to my last inquiry, but I think my question
Lane responded to my last inquiry, but I think my question is fairly routine for tax experts. Two questions re: 1099-R's received as the result of an estate settlement. My mother passed in 2016 and I … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,909 satisfied customers
Question about death benefits from an Annuity IRA being
Question about death benefits from an Annuity IRA being taxable to the surviving spouse. The surviving spouse received a 1099-R for the total balance that was in the annuity. The surviving spouse tran… read more
Bill
Bill
Master's Degree
3,157 satisfied customers
Question in regards to roth IRA distribution and taxes. Roth
question in regards ***** ***** IRA distribution and taxes. … read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
CERTIFIED FINANCIAL PLANNER ®, Professional
Master's Degree
4,108 satisfied customers
In 2016 I contributed to a Roth IRA. I contributed $6,500.
In 2016 I contributed to a Roth IRA. I contributed $6,500. In 2107, I took distribution of the Roth IRA. The distribution was $6,416. Since I can take distribution at any time without penalities on th… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,909 satisfied customers
When I retired from the Commonwealth of Pa. I took my
When I retired from the Commonwealth of Pa. I took my contributions from my pension and rolled them into my Roth Account. The Commonwealth sent me two 1099R's. On for a reduced amount (minus the Feder… read more
Barbara
Barbara
Enrolled Agent, Paralegal
10,660 satisfied customers
Son received 1099-R in 2014 as a decedent from mother who
Son received 1099-R in 2014 as a decedent from mother who died in 2013. The Code is 4D. The Box 1, gross distribution has an amount, but the Box 2a, shows $0.00, and Box 2b is not checked. Need direct… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
17,888 satisfied customers
I have a 1099-r, RMD ROTH distribution inherited ROTH
I have a 1099-r, RMD ROTH distribution for an inherited ROTH IRA. It was held by my mom over 5 years. Box 2A, Taxable amt not determined and box 7 Distribution code = "T". Turbo Tax want to tax it but… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
16,641 satisfied customers
In 2011 I had to withdrawl $4000 from my Roth IRA mutual fund.
In 2011 I had to withdrawl $4000 from my Roth IRA mutual fund. This amount represented my initial investment in this fund. I put in $2000 each in 1998 and 1999. Do I have to claim this as income since… read more
winktax
winktax
Enrolled Agent
Master's Degree
425 satisfied customers
I borrowed money from my Roth IRA. $4161.41 according to my
I borrowed money from my Roth IRA. $4161.41 according to my 1099-R. In box 2B on the 1099-R it is checked and in total distribution it is also checked. I still have money in my Roth, I did not take it… read more
jgordosea
jgordosea
Enrolled Agent
Bachelor's Degree
2,885 satisfied customers
I have the following issue Last year, I made a mistake
I have the following issue: Last year, I made a mistake where I transfer $2000.00 into my Roth IRA, I called the next day and I told the bank that my intention was not to put the money there. The bank… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,909 satisfied customers
I inherited a Roth IRA from my aunt in 2009 along with my brother
I inherited a Roth IRA from my aunt in 2009 along with my brother and sister. The account was held at Morgan Stanley. We opened inherited Roth IRAs at Morgan Stanley and each had our third of my aunt'… read more
Bill
Bill
Master's Degree
3,157 satisfied customers
I had a Roth that i withdrew before age 50. The amount of total
I had a Roth that i withdrew before age 50. The amount of total money i invested in it was $6208.04, the money i got back was $6061.32 (lost money throughout the years). Now i have a 1099 to file, and… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,909 satisfied customers
My wife and I used the money in our Roth IRA accounts for a
My wife and I used the money in our Roth IRA accounts for a down payment on our first house. The money we took our of our Roth was the money we put in, no earnings. Are Roth's were started less than 5… read more
Mark D
Mark D
Enrolled Agent
Master's Degree
1,338 satisfied customers
Pension Paid to Beneficiary Upon Death of Account Holder
My daughter, as the named beneficiary, received the proceeds held in my brother's retirement accounts on his death. This was reported to the IRS (distribution code 4) and the taxable amount shown as $… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
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Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

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