My company closed their profit sharing plan and distributed less than $200 to me. Is this taxable income?

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My company closed their profit sharing plan and distributed less than $200 to me. Is this taxable income?

Yes it is. They will send you a 1099-R.

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My company closed their profit sharing plan and distributed less than $200 to me. Is this taxable income?

Yes it is. They will send you a 1099-R.

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