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December 27, 2024
Question

In filling out the 1099-R form, on box 7 it is normal distribution, what it the IRA/SEP/SIMPLE for?

  • December 27, 2024
  • 1 reply
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    1 reply

    DoninGA
    Employee
    December 27, 2024

    Enter an “X” in the IRA/SEP/SIMPLE checkbox if the distribution is from a traditional IRA, SEP IRA, or SIMPLE
    IRA. Do not check the box for a distribution from a Roth IRA or for an IRA recharacterization.

    pagadorAuthor
    December 30, 2024

    Thank you for your reply.