eohiri
New Member

Code 1 on 1099-R, yet distribution for Higher Education Expense/Personal Emergency Expense

Hi, I made an early withdrawal from a retirement account in order to help cover expenses due to the financial burden of higher education and other life expenses. My tax agent says I have no distribution exception, but my understanding is that early distribution penalties are waived in my situation. What do I do? What do I tell my agent to account for my exemption?