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Retirement tax questions
I have the same problem, but the employer insists it is correct for them to enter a Box 7 code of "7" in the tax year you turn 59+1/2, and they will not issue a corrected 1099-R with a "2" code. All my prior 1099-R for previous tax years were code "2" but they changed to "7" this year when I turned 59+1/2. Any suggestions on how to fix this in TT?
March 21, 2025
11:57 AM