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Retirement tax questions
Answer to first message:
Form 5329, Part 1, Line A, $35,369. These distributions were coded 7 on 1099-R. I'm 72 yrs old and these are not early distributions and have done these distributions for the last 5 years without any issues.
Answer to second message:
At the end of the 1099-R entries I wasn't asked anything about RMDs. That's probably because I'm only 72 and not required to take RMDs yet. These were normal distributions coded 7.
March 1, 2025
12:45 PM