1099-R same as default, adds Roth conversion account type
The following table lists the account types, the corresponding 1099-R box numbers, and the withholding references. Following that is a list of applicable tax codes.
Account type/WH | Gross Dist - Box 1 | Taxable amt - Box 2a | Txbl amt not determined - Box 2B | Fed WH | State WH |
|---|---|---|---|---|---|
IRA/SEP/SIMPLE w/WH | TC + WH | TC + WH | Checked | 235 | 236 |
IRA/SEP/SIMPLE w/0$WH | TC | TC | Checked | N/A | N/A |
NOT IRA/SEP/SIMPLE w/WH | TC + WH | TC + WH | N/A | 235 | 236 |
NOT IRA/SEP/SIMPLE w/0$WH | TC | TC | Checked | N/A | N/A |
Roth conversion | TC + WH | TC + WH | Checked | 235 | 236 |
Applicable tax codes
Tax code | Description | 1099-R dist |
|---|---|---|
238 | Early distribution, exception applies | 2 |