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I received Form 1099-R that shows distribution code "D4". I can only enter either "D" or "4" but not the "D4" in Turbo Tax. What should I enter?

Forum|Forum|7 years ago
June 4, 2019
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My sister died in 2015 and left me as a benificary of her pension. I received form 1099-R and box 7 has code "D4" in it. Can I enter D in box 1 and 4 in box 2?

TurboTax Deluxe Windows

Best answer by Celery63

For Box 7, there are two data entry fields, one above the other. In the Upper one, enter D, in the Lower one enter 4. that enters D4 into Box 7.

C

Celery63Answer

For Box 7, there are two data entry fields, one above the other. In the Upper one, enter D, in the Lower one enter 4. that enters D4 into Box 7.

M

MLJones1787

Why, after putting the D4, D in the first box and 4 in the second box, from my 1099 R form does TurboTax ask the age of the person had they lived?

This is not a return for a deceased person but this is a 1099 R for an annuity transferred to me when my mother died in 2019.

D

dmertz

Employee

This is an inherited annuity. The code 4 indicates that you are receiving distributions as beneficiary of your mother. TurboTax is asking about the age your mother would have been had she lived. However, this question is unnecessary because the insurance company determines the necessary amount to distribute to satisfy distribution requirements. The distributions are also not eligible for rollover, so there is no need for TurboTax to know how much is RMD; all of it is considered to be RMD.