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sflores476
January 29, 2025
Question

If IRA/SEP/SIMPLE has an x what does that mean?

  • January 29, 2025
  • 1 reply
  • 0 views
Does it mean it is a SIMPLE IRA or a SEP IRA?

    1 reply

    M
    MinhT1
    January 29, 2025

    Yes, on a form 1099-R, this means that the distribution is from an IRA, SEP RA or Simple IRA, as opposed to another type of retirement account such as a 401(k).

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