dmertz
Level 15
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Retirement tax questions

Simply enter the Form 1099-R and indicate that you cashed it out.  The amount shown in box 2a of this Form 1099-R will be included in your AGI.  Because you did not roll the distribution over, there is nothing that changes the taxable amount.  The code 4 in box 7 of this Form 1099-R indicates that there is no early-distribution penalty.

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