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Retirement tax questions
You should select the number and/or letter that is printed on your Form, 1099-R. If no entry is printed on your form you should seek a correction by the plan administrator. Defined benefit plans provide a fixed, pre-established benefit for employees at retirement.
If you are receiving payments from your defined benefit plan as normal retirement distributions then the code in Box 7 would be 7 for 'normal distribution'.
Please update here if you need more clarification.
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‎February 14, 2023
9:27 AM