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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.
April 14, 2022
5:38 AM