pk
Level 15
Level 15

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@anna38 , I am assuming that  this was  "total disbursement " of your pension account in the USA  (  employee contribution or 401(k) type of tax advantaged savings for pension  --- so the statements  about exemption code just  tells that   either  this was chapter 3  i.e. disbursed to an individual and there fore  there was no exemption to  withholding  OR  the monies were  sent to an account in a Foreign Financial Institution ( FFI ) -- chapter 4 payment where the receiving institution  is exempt from withholding, probably because the   withholding was  from the individual.  In any case just ignore all these .

When you prepare the  substitute 1099-R / equivalent make sure  that you show your basis in the account i.e. any monies that you contributed  AFTER tax -- there is box for that on 1099-R.

If I am wrong about my assumptions , please correct me  so I can address that 

 

Stay safe

pk