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Separation from Service
I'm 59 years old and was placed on part-time variable status with my employer.
I was allowed to collect unemployment and look for work elsewhere without conflict of interest.
I took out money from my 401K and box 7 displays code 1 on my 1099R
I am now 59 1/2 and filing my return.
Does my situation qualify as Separation from Service during or after age 55?
Can I avoid the 10% tax penalty?
March 31, 2021
2:22 PM