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Retirement tax questions
You most likely are referring to Code 3, Box 7 when entering the 1099R input for this annuity. The answer is that you
would enter yes to this question. You see disability distributions received before the minimum retirement age are treated as wages and are treated slightly differently on the tax return. You would need to ask the plan administrator what the minimum age of the plan is. See here for more detail.
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‎January 21, 2024
1:24 PM