Should be OK that way.....I had that too for a couple years.
What will be critical is a question the software asks on one of the pages after the main 1099-R form is filled in. The question asks if you got regular payments for that 1099-R and you make that selection.... (The 1099-R shows total payout, but you received monthly or quarterly payments.....yes?) . Getting regular payments just means that you are receiving your normal pension...just a bit early, and that selection exempts you from any penalty. It is income for taxes though.
In the year you turn 39.5 years old, you'll likely get two 1099-R forms. One with a code 2 and one with a code 7. and the yearly total will divide up the before vs after age 59.5 $$.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
