Beemer Posted January 9, 2016 Posted January 9, 2016 A participant took a partial distribution from a Roth 401(k) account in 2015 and it was a qualified distribution. The 1099r instructions state that box 5 can exceed box 1. If box 5 included all contributions (less any basis previously distributed) and the participant took another distribution in 2016, what would be in box 5 for the 2016 Form 1099r?
401king Posted January 11, 2016 Posted January 11, 2016 Shouldn't Box 5 should be the basis attributable to the distribution? R. Alexander
Beemer Posted January 11, 2016 Author Posted January 11, 2016 I see that it will be the basis. Thanks for replying.
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