- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
For my pension, the provider issued two separate 1099-R forms.
1) One for the time before age 59.5 with a code 2 in box 7 (that's for an exception to the early withdrawal). Should be no penalty if you answer the follow-up questions properly.
and
2) a second one with a code 7 in box 7......for the months after age 59.5.
_________________
So you should have two 1099-R forms.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
‎February 23, 2025
12:40 PM