Appreciate your inputs.
I looked at the 1099-R PDF. Under Box 7 should I select Early distribution Code 1 (no exemption) or Box 2 (exemption applies) In page 16 nothing matches my case , which exemption do you advise to be used for code 2?
The foreign pension plan matured after 20 years and I took a distribution before 59 1/2 years. the company does not provide 1099-R so I am manually entering in TT desktop as follows.
Line 1- Gross distribution is USD converted amount of lumpsum distribution. for eg $3000
Line 2a Taxable amount is net of annual contributions made (for eg $800 converted to USD that day in past)
Line 3- is net amount $2200 (on which I will end up paying Ordinary tax)
