BillM223
Expert Alumni

Retirement tax questions

Ah, my mistake. Exception 12 states: "Distributions incorrectly indicated as early distributions by code 1, J, or S in box 7 of Form 1099-R. Include on line 2 the amount you received when you were age 59½ or older."

 

So I see that you had a distribution code of 1 - was true on every 1099 form you had? Maybe one had a 1, J, or S?

 

OK, do you have a Schedule 2 on your return? Is there an entry on line 8? For that matter, is there an entry on line 4 of your 5329? It may be not enough to just delete the 5329 (which you can do if you wish) but not if there is an entry on line 8 on Schedule 2.

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