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Why is TurboTax treating my military retirement as an early withdrawal from an IRA?

 
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2 Replies

Why is TurboTax treating my military retirement as an early withdrawal from an IRA?

What is the code in box 7 of the Form 1099-R that you received from DFAS?

Why is TurboTax treating my military retirement as an early withdrawal from an IRA?

@rhampdenbirdsong 

 

Did you turn 59.5 years old at any time in 2020?

 

I think there was an entry problem for any military retirement 1099-R for a person in that age year, even with the proper code 7 in box 7.

 

If that's your situation I'll see if I can dig it up...

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
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