The codes in Box 7 of your Form 1099-R indicate the type of distribution you received. We'll use these codes and your answers to some interview questions to help us determine if your …

2023 1098-T box 7 checked okay, so i filed my taxes already. they have been accepted by the irs but have not released due to child income credit being delayed till February. I am still getting a …

2022年3月7日 · The regular wages are in box 1, and then the social security tips in Box 7 plus the social security wage in Box 3 should equal Box 1, total wages. It doesn't change anything on …

2022年3月5日 · Box 7 indicates, if checked, that Box 1 includes amounts for an academic period beginning in the next calendar year. If the 1098T is for the year 2021, the correct answer is the …

2019年6月4日 · No, box 7 tips should not be reported by you, as additional income. The Box 7 amount is already included in the box 1 amount. So, box 7 is only informational. TurboTax (TT) …

2025年3月3日 · Expanding on what the others have said, the code that must be entered into TurboTax is whatever code the financial institution puts in box 7 of the Form 1099-R. You do …

2025年1月23日 · Enter the Form 1099-R as received. Do not change the code in box 7. The code for an ordinary distribution from a Roth IRA is reported only with code J, T or Q. If you are …

2024年2月25日 · On your form 1099-R, BG is the combination of two codes. You can have up to two distribution codes in box 7. If you see more than one letter or number in box 7, check the …

2021年4月21日 · Box 7 is used to report income to you. The different codes within box 7 tell what the tax treatment of any distribution amounts should be. 7 is the code for Normal Distribution …

2024年3月7日 · The lack in the 970 of any reference to "Box 7" makes it difficult to know which verbiage is relevant. I would have thought that a 79-page publication referenced directly in an …