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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.**
‎January 31, 2022
6:15 PM