- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Code 4 suggests that you received the distribution as beneficiary of a deceased participant. With regard to any early-distribution penalty, code 4 is treated the same as code 2 or code 7, meaning that it is not subject to this penalty. The only difference is that code 4 just means that a non-spouse beneficiary is not permitted to roll over this distribution.
March 31, 2022
12:06 PM