@tuanngnttax wrote:
Yes, that is correct. Code 1 is the right answer but the current 1099-r form was marked code 2. What do I need to do? Go ahead to file the income tax with code 2 that matched the 1099-r form and wait for the penalty and tax payment request from the IRS later on?
File the form as received and then wait to see if the IRS will assess the penalty.
