We're exempt from early withdraw fee from our TSP (rule 408(d)(4). Our 1099-R line 7 digit is wrong for situation. TSP keeps messing it up. What can we do?

[samandtedb]

What Form can we use in addition to the original 1099-R?  Or should we keep waiting on TSP to finally get it corrected and file an extension?

[dmertz · Accepted solution]

Section 408(d)(4) pertains only to IRAs.  The federal TSP is not an IRA.

With regard to the federal TSP, there is no such thing as a return of contribution before the due date of your tax return.  Elective deferrals are irrevocable, so if you received a distribution before reaching age 59½, the distribution is an early distribution subject to penalty and code 1 is correct.