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MGC94
MGC94
Level 7
February 8, 2023
Question

1099-R Code M 7

  • February 8, 2023
  • 1 reply
  • 25 views

1099-R for $12,000 coded M 7 and paid it all back. Is she still taxed on the whole thing? 

 

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1 reply

MGC94
MGC94Author
Level 7
February 8, 2023

Anything?

sjrcpa
sjrcpa
Level 15
February 8, 2023

What's Code M for?

The more I know the more I don’t know.
    MGC94
    MGC94Author
    Level 7
    February 9, 2023

    Qualified plan loan offset

     

    All I know is taxpayer said she paid back the full $12,000

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