DanaB27
Expert Alumni

Retirement tax questions

If you wife is under 59 1/2 then you will have to go back all the way to 2001 to figure out her net contributions prior to 2024.

 

If you wife is over 59 1/2 then this distribution is a Qualified Distribution and not taxable. Her Form 1099-R should have code T or Q and you can ignore the net contribution prior to 2024 question.

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