PFranckowiak Posted December 19, 2016 Posted December 19, 2016 What code is used for a Post Tax Distribution basis that is being rolled to a Roth IRA? Thanks
ETA Consulting LLC Posted December 19, 2016 Posted December 19, 2016 This is from the instructions for the Form 1099R (I'm not sure about the specifics of your case):For a direct rollover of an eligible rollover distribution to a Roth IRA (other than from a designated Roth account), report the total amount rolled over in box 1, the taxable amount in box 2a, and any basis recovery amount inbox 5. (See the instructions for Box 5, later.) Use Code G in box 7. If the direct rollover is made on behalf of anonspouse designated beneficiary, also enter Code 4 in box 7.Good Luck! CPC, QPA, QKA, TGPC, ERPA
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