As the QDRO beneficiary (divorce decree) , of a lump sum of a Thrift Savings Plan (government plan). How many times is this income penalized/taxed?
At withdrawal, the total sum was penalized by 10-20% for early withdrawal. Now, after the 1099 is issued, will the sum be taxed again as income tax? What about section 72(t)(2 (C)
https://www.law.cornell.edu/uscode/text/26/72