topic My company closed their profit sharing plan and distributed less than $200 to me. Is this taxable income? in Business & farm

topic My company closed their profit sharing plan and distributed less than $200 to me. Is this taxable income? in Business & farm https://ttlc.intuit.com/community/business-taxes/discussion/my-company-closed-their-profit-sharing-plan-and-distributed-less-than-200-to-me-is-this-taxable/01/82328#M2510 Sat, 01 Jun 2019 03:07:53 GMT ldlefiti2009 2019-06-01T03:07:53Z My company closed their profit sharing plan and distributed less than $200 to me. Is this taxable income? https://ttlc.intuit.com/community/business-taxes/discussion/my-company-closed-their-profit-sharing-plan-and-distributed-less-than-200-to-me-is-this-taxable/01/82328#M2510 Sat, 01 Jun 2019 03:07:53 GMT https://ttlc.intuit.com/community/business-taxes/discussion/my-company-closed-their-profit-sharing-plan-and-distributed-less-than-200-to-me-is-this-taxable/01/82328#M2510 ldlefiti2009 2019-06-01T03:07:53Z Yes it is. They will send you a 1099-R. https://ttlc.intuit.com/community/business-taxes/discussion/yes-it-is-they-will-send-you-a-1099-r/01/82330#M2511 <P>Yes it is. They will send you a 1099-R.</P> Sat, 01 Jun 2019 03:07:54 GMT https://ttlc.intuit.com/community/business-taxes/discussion/yes-it-is-they-will-send-you-a-1099-r/01/82330#M2511 SweetieJean 2019-06-01T03:07:54Z