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Level 1
June 1, 2019
Question

Have a question regarding, CSA 1099R, block # 7. The 1099R received indicates Distribution code as

  • June 1, 2019
  • 1 reply
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2-Nondisability. However, Turbo Tax option 2 appears to be "Early Distribution"

1 reply

Level 13
June 1, 2019
Ignore the "non-disability". The distribution code of 2 indicates an early withdrawal with a known exception to the penalty for early withdrawal. That simply means that you do not have to pay an early withdrawal penalty.