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Happy Friday, everyone. I am wondering if any of you have some insight on reporting after-tax (non-Roth) distributions vs. Roth distributions. 

We have an individual taking a distribution of his after-tax (non-Roth) money. There are questions as to how reporting this transaction is different than reporting a Roth distribution. The main question comes down to which distribution code(s) the payer is to use in box 7.

For a [qualified] Roth distribution, the payer indicates:

  • the full distribution amount in box 1;
  • $0.00 in box 2a;
  • the Roth contribution (basis) amount in box 5, and
  • code "7B" for box 7
  • year of first Roth contribution in box 11

This is what has been proposed for the After-tax (non-Roth) 1099-R:

  • the full distribution amount in box 1;
  • taxable earnings portion in box 2a;
  • the after-tax (non-Roth) contribution (basis) amount in box 5, and
  • code "7" in box 7

Anyone know if this is correct?

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