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Retirement tax questions
A qualified distribution is one where at the time of the distribution you had reached age 59½ and it had been at least 5 years from the beginning of the year for which you first made a Roth IRA contribution. If the IRS is asking for Form 8606 it means that the Form 1099-R has code J on box 7 indicating that you were under age 59½ at the time of the distribution.
January 22, 2020
3:49 PM