This year, Gerber Life sent me a 1099 R. The 1099 R has a taxable amount and I tried entering this information into TURBO TAX. TURBO TAX wants me to identify the State Type code for this form.
TURBO TAX thinks this is PA retirement income.
So what code do I select from the dropdown list of available codes?
Pennsylvania Distribution type:
N No entry I22 I’m not eligible yet; plan is eligible in PA
I31 PA school, state, or municipal employee plan J1 Traditional or Roth IRA; I’m over 59.5
I11 United Mine Workers pension J2 Traditional or Roth IRA; I’m under 59.5
I32 Military pension K2 Non-qualified deferred compensation plan
I33 U.S. Civil service retirement/disability/annuity K3 Life insurance or endowment
K1 Annuity or Non-civil service disability L Distribution from Charitable Gift Annuities
(including Qual Joint Survivorship Annuity) M1 ESOP: Allocated ESOP Stock Dividend
I21 Early distribution from a retirement plan M2 ESOP: Non-Allocated ESOP Stock Dividend
I12 Rollover M3 KSOP: Taxable ESOP within a 401(k)
I13 I’m eligible; plan is eligible (no PA tax) M4 KSOP: Nontaxable ESOP within a 401(k)
