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1099-R Pension is a Qualified plan. 1099 R form Box number 7 is typed 7. Shouldnt it be Q for qualified?
1099-R Pension is a Qualified plan. 1099 R form Box number 7 is typed 7. Shouldn't it be Q for qualified?
Gosh after five years, I have been entering into turbo tax the number that is typed in box number 7 as 7. Thats what is typed in the form. This year, I realized doesn't it need to be marked Q?
7 means normal distribution. I am so confused now and wondering if this is wrong or correct? Please help explain. Why is it a normal distribution when it is qualified? So confusing. Thank you
March 1, 2023
8:57 AM