topic Can I claim other reason because after I quit the employer they sent me the 1099R distribution? in Retirement tax questions

Can I claim other reason because after I quit the employer they sent me the 1099R distribution?

kmthompson123- — Mon, 09 Mar 2026 05:33:01 GMT

Re: Can I claim other reason because after I quit the employer they sent me the 1099R distribution?

DoninGA — Sat, 19 Feb 2022 21:38:20 GMT

If you are under the age of 59 1/2 and did not rollover the distribution from the retirement account within 60 days to another tax deferred retirement account, then there is a 10% early distribution penalty on the gross distribution. The penalty is entered on your federal tax return as a tax liability.

You cannot use Other as an exception.

Go to this IRS Tax Topic for Additional Tax on Early Distributions From Retirement Plans Other Than IRAs - https://www.irs.gov/taxtopics/tc558

Re: Can I claim other reason because after I quit the employer they sent me the 1099R distribution?

dmertz — Sat, 19 Feb 2022 22:08:39 GMT

Quitting from an employer is not an exception to the early-distribution penalty. Before making the distribution, your former employer was required to have sent you information describing your options for rolling over this distribution to avoid the penalty and to continue to defer the tax on this distribution.