@tomlaube @ToddL99
The "Online" software (not desktop) has an error for entering a Military 1099-R, with box 7 =7.....but just for the year they turn 59.5. It is being investigated and may be fixed in the next week or two.
Right now, to avoid any penalty using the "Online" software, you edit the 1099-R again, and when you get to the question that asks if you received any $$ before age 59.5.....you must answer "NO"....even if not true.
(On the page that asks if it was a qualified or nonqualified retirement plan, make sure you indicate it is a non-qualified plan....you may have already done that...but have to make sure that's what you select).
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For those using the desktop software, the age 59.5 question still appears, but it's essentially ignored, as long as the plan is a nonqualified plan (which is what a DFAS military retirement is..
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
