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Retirement tax questions
A 1099R is correct for a distribution from a 457(b) Plan.
A code of 7 is a normal distribution. Which if you are retired and/or over 59 1/2 is correct code.
You may want to EDIT the 1099R and go through the questions again that follow the 1099R if it not being taxed to you.
The 457 plan is a type of non-qualified, tax advantaged deferred-compensation retirement plan that is available for governmental and certain non-governmental employers in the United States. The employer provides the plan and the employee defers compensation into it on a pre-tax or after-tax (Roth) basis.
‎June 4, 2019
12:27 PM