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New Member
posted Jun 1, 2019 9:06:37 AM

Retired early age 51 only work a part time job does one qualify for disability exclution on and 1099r ? Retired due to health reason and then returned to part time

She retired due to health reasons. But couldnt make it on retirement income alone age 51 .she had medical bills should I excluded the 1099r income for disability or medical? Im also wanting to know if she can take the state GA retirement exclution for early disability?  

0 5 1732
5 Replies
Level 15
Jun 1, 2019 9:06:51 AM

The Form 1099-R must be entered as received.  If she's able to work part time, that might imply that she does not qualify for the disability exception to the early-distribution penalty on this retirement distribution.  For the purpose of the disability exception to the early-distribution penalty, she is considered disabled if she can furnish proof that she can't do any substantial gainful activity because of her physical or mental condition. A physician must determine that her condition can be expected to result in death or to be of long, continued, and indefinite duration.  This would also be considered disability income if the payer used code 3 in box 7 of the Form 1099-R.

Her out-of-pocket medical expenses should be included on Schedule A line 1.

Someone else will have to comment regarding state taxes; I not familiar with GA.

New Member
Jun 1, 2019 9:06:53 AM

Thank you for replying box 7 is code 2

Level 15
Jun 1, 2019 9:06:54 AM

It may be hard to prove disability ifs able to work part time.

Level 15
Jun 1, 2019 9:06:57 AM

Code 2 indicates that the distribution is not subject to any federal early-distribution penalty, I'm guessing because she was a Public Safety Employee who separated from service in or after the year that she reached age 50.  The income itself is still reportable.

Level 15
Jun 1, 2019 9:06:58 AM

GA says this. Note that there is a word missing from their booklet:

Retirement income. The maximum retirement income exclusion is $35,000 for taxpayers who are: (A) 62 - 64 years of age, or  (B) less than 62 and permanently disabled to such an extent that they are unable to perform any type of [sic]

The retirement exclusion is $65,000 if the taxpayer is 65 or older.

https://dor.georgia.gov/sites/dor.georgia.gov/files/related_files/document/TSD/Booklet/IT-511/2018_I...