What is the tax rate on income on a 1099R without the IRA/SEP/SIMPLE box checked? it's an early (total) distribution from a profit sharing plan, not IRA.

[macuser_22 · Accepted solution]

The box 2a (usually the same as box 1) is taxed as ordinary income at whatever tax rate (tax bracket) that your total taxable income places you in.  

If the box 7 code indicates that it is an early distribution then there will be a separate 10% penalty on the amount of the distribution in addition to the normal tax.