On 1099-r I changed box 7 (distribution code ) from 2 which is early distribution to 7 which is normal but federal due did not reduce by appropriate value.....???
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On 1099-r I changed box 7 (distribution code ) from 2 which is early distribution to 7 which is normal but federal due did not reduce by appropriate value.....???
On 1099-r I changed box 7 (distribution code ) from 2 which is early distribution to 7 which is normal but federal due did not reduce by appropriate value.....???
You shouldn’t change the code since the IRS will compare their form with yours. But the code 2 means there’s no penalty so the tax for both codes is the same.
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