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posted Jun 6, 2019 10:55:43 AM

My husband retired at 54. He received a 1099R for annuity paid. His 1099R in box 7 says "2-nondisability" and turbo tax does not offer that choice. What do I select?

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1 Best answer
Expert Alumni
Jun 6, 2019 10:55:45 AM

The code remains as Code 2 for box 7 which means that it's an early distribution but there is an exception to the penalty for early withdrawal.You won't have to do anything else.

1 Replies
Expert Alumni
Jun 6, 2019 10:55:45 AM

The code remains as Code 2 for box 7 which means that it's an early distribution but there is an exception to the penalty for early withdrawal.You won't have to do anything else.