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June 4, 2019
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Is an 'x' in the IRA/SEP/SIMPLE box on form 1099-R the same as a blank?

  • June 4, 2019
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Best answer by Coleen3

No, an "X" indicates that it is an IRA. If it were blank, it was not. Since there are some differences as to how pensions and IRAs are treated, it is important to make a distinction.

1 reply

Coleen3Answer
Employee
June 4, 2019

No, an "X" indicates that it is an IRA. If it were blank, it was not. Since there are some differences as to how pensions and IRAs are treated, it is important to make a distinction.