@amooney wrote:
The code in box 7 is 7 - Normal Distribution. The screenshot you provided is different than what my TurboTax shows. But I don't know if that matters. Will I need to contact the company that provided the 1099-R and ask that it be revised/corrected if the code they entered is incorrect? Just looking for advice.
Thank you.
A code 7 is not subject to the penalty at all, so the payer knew that you were over age 59 1/2.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
