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New Member
posted Mar 12, 2021 11:51:15 AM

Can short term disability be a reason for distribution on form 1099-R? Should I pay more than what the federal income tax already has taken?

0 2 297
2 Replies
Level 15
Mar 12, 2021 1:28:24 PM

That is possible. What is the distribution code in Box 7?  TT gives you credit for the amount withheld, but you may owe more if it's not enough to cover the actual taxes due (based on your overall income).

New Member
Mar 12, 2021 1:50:08 PM

The distribution code is 1.