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How do I mark on 1099-R the exemption for series of equal payments based on life expectancy

I do not see it on the list of options under box 7
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1 Reply
ThomasM125
Expert Alumni

How do I mark on 1099-R the exemption for series of equal payments based on life expectancy

Code 2 "Early distribution exception applies" would be the applicable code for an early distribution of a retirement account that is not penalized because the substantially equal periodic payment rules. 

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