Depends on the code in box 7 on your 1099-R. If a code 1 then that indicates you are under age 59 1/2 so the 10% penalty applies for Federal tax. I do not know how Ohio treats it, but I would assume the same. If a code 2 or code 7 then there is no penalty.
**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.**
