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February 24, 2023
Question

1099-r distribution code D7?

  • February 24, 2023
  • 1 reply
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Can I use the turbotax free edition if my 1099-r has distribution code D7?

1 reply

February 24, 2023

Yes, you can use TurboTax Free online to file Form 1099-R.

Code 7 is for Normal Distribution (which means it was distributed to taxpayer after age 59.5).  

Code D—Annuity payments from nonqualified annuities and distributions from life insurance contracts that may be subject to tax under section 1411.

IRS.gov

 

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