Retirement tax questions

Dmertz: Thank You very much for your continued support and input. 

The form has the following on line 7

Distribution Code(s)                      1,P

IRA/SEP/SIMPLE                             ()   -- This looks like blank

 

The top of 1099-R form lists: Distribtions From Pensions, Annuties, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc.   

 

The plan name is : INDIVIDUAL 401K

 

In the light of the above circumstances , please suggest what should I do to prevent double taxation or the best way to handle this situation. 

 

Thanks

Kevin