If a portion of my 1099-R income was received after i turned 59 and a half how do i break this income into before and after 59.5 years old?

wayneederer · ‎June 4, 2019

dmertz · ‎June 4, 2019

What is the code in box 7 of the From 1099-R provided by the payer?
Is the IRA/SEP/SIMPLE box marked?

kendallederer · ‎June 4, 2019

it is not checked

dmertz · ‎June 4, 2019

What is the code in box 7 of the From 1099-R provided by the payer?

dmertz · ‎June 4, 2019

A code U distribution is not subject to any early-distribution penalty, so there is no need to distinguish code U distributions made before age 59½ from those made after age 59½. Simply enter the Form 1099-R as received.

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wayneederer · ‎June 4, 2019

Thanks for your help DMertz

If a portion of my 1099-R income was received after i turned 59 and a half how do i break this income into before and after 59.5 years old?

Retirement tax questions

Retirement tax questions

Retirement tax questions

Retirement tax questions

Retirement tax questions