And...the codes in box 7?
If you've been getting monthly payments, then in the year you turn 59.5 years old, you do get two 1099-R forms.
One for the before age 59.5 (usually box 7 is code 2)
...and another for the after age 59.5 payments (usually the box 7 code is a 7)
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
