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Get your taxes done using TurboTax
No, that form would report income to the 401-K plan. That would not be taxable until a distribution was made to the beneficiary of the plan, in which case it would be entered on a Form 1099-R. That form would be used to report the pension plan distribution on the individual tax return of the recipient.
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March 3, 2025
4:03 PM
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