Retirement tax questions


@bowhan0x wrote:

Hello, thanks for the useful tips.

What if the 1099-R received next year has a code "E" instead of "P" in box 7. Can it be ignored as well? 

Thanks again!


Neithedr a code P or code E can be "ignored".  They both must be entered and any amount in box 2a will be taxable.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**