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Get your taxes done using TurboTax
As the other have said, code 2 is not to be used for distributions made after you have reached age 59½, so the plan is using the incorrect code. However, code 2 and code 7 are treated the same by TurboTax (no early-distribution penalty), so the plan's misuse of the code 2 does not affect your tax return. Still, they should get their act together and use the correct code.
February 20, 2024
1:02 PM