- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
It does the same thing for me with both code 7 and code D present. The amount shown on the 5329 is entered on line 2 as an early distribution not subject to additional tax with a reason code of 12. The 12 definition is that it was incorrectly submitted with a code 1, J, or S in box 7. A frustrating bug for people who work hard at submitting a correct return.
March 14, 2024
10:13 AM