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1099 R distribution code 2 or 7
Retired after age 55 receive pension
Distribution code has been a 2.
Will the code change to 7 after age 59 1/2.
I know the code doesn’t make a difference for federal taxes. However it does for my state and local taxes.
What constitutes “normal distribution” code 7? After age 59 1/2 or after I reach normal distribution for the company’s pension plan?
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December 16, 2019
7:59 PM