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1099R code 4

nhr
Level 1

Is anyone having issues with a 1099R not being taxed on the 1040?

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4 Replies 4
qbteachmt
Level 15

Which type of account? Is there basis in that account?

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nhr
Level 1

No, there is no basis. My problem is that if you look at my 1099r summary it shows the entry as taxable but on the 1040 it shows the total but nothing is taxable.

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Terry53029
Level 12
Level 12

What is the code in box 7

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Just-Lisa-Now-
Level 15
Level 15

Check the IRA information worksheet to be sure theres no basis lurking in there.....

Ive had damaged 1099R worksheets in past years, had to delete and reenter from scratch to make the figures flow properly.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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