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April 9, 2022
Question

1099-R lists normal distribution but I think it should be death distribution. will it make a difference?

  • April 9, 2022
  • 1 reply
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1 reply

ColeenD3
April 9, 2022

Yes. Code 4 means you inherited the retirement income. The IRS advises: Use Code 4 for reporting death benefits paid to a survivor beneficiary on a separate Form 1099-R. You should speak to the issuer and get a corrected form.