MasterClass: Maintaining 72(t) SEPP
Sample Form 1099-R
Sample Form 1099-R
0
Attached is sample 1099-R with the proper coding.
In Box 7 there should be a “2” which will alert the IRS that your distribution is in fact a pre-Age 59 ½ distribution and NOT subject to the 10% early withdrawal penalty.
Sample Form 1099-R
0
Attached is sample 1099-R with the proper coding.
In Box 7 there should be a “2” which will alert the IRS that your distribution is in fact a pre-Age 59 ½ distribution and NOT subject to the 10% early withdrawal penalty.