dmertz
Level 15

Retirement tax questions

If you have one page showing separate code-1 and code-7 amounts, these are two separate Forms 1099-R reported on a single page.  Enter each Forms 1099-R separately.

 

If instead you have a single code-1 Forms 1099-R that includes amounts received after you reached age 59½, claim an Other reason exception to the early-distribution penalty on the portion received after age 59½.