@turbogreg1
Yep...see it now for my DFAS 1099-R for someone who turned 59.5 in 2020. The problem doesn't exist for a non-qualified 1099-R, code 7 for a 56 year old, and no penalty......just for the year they turn 59.5 .
I don't have a real DFAS 1099-R, and was unsure as to whether Military 1099-R forms, (before age 59.5 ) are coded with a "7" or not. Did you get a DFAS 1099-R last year with a code 7? or a code 2?
@dmertz Do you get the same ? I'm looking at Online software for now...haven't checked my desktop software yet to see what it does.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
