- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
There are certain distribution codes that will automatically not apply the 10% early distribution penalty. If the distribution code on your Form 1099-R is not one of those, then after you have entered the Form 1099-R you will have an opportunity to enter information about an exception to the penalty. The question will come up after all other follow-up questions with regard to the distribution have been answered.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎July 9, 2020
5:42 PM