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Get your taxes done using TurboTax
If you are under age 59½ (necessary for this to be an early distribution), code T is incorrect. Code T is for those who are over age 59½, disabled or dead, but the Roth IRA custodian does not know whether you have met the 5-year requirement for qualified distributions. It is not to be used for other exceptions to the early-distribution penalty.
March 13, 2024
6:51 PM
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