Question

Every time I've this 1099R before, that's all it asks for: not first 1099R, 591/2 years, 72+ so how do I this form?

*post

Employee

A 1099-R covers a retirement distribution and has a code in box 7 that tells the computer if it is normal, inherited, early, etc.

If you may have a penalty, the program will ask about possible exceptions.

See:

pages 15-17 of 1099-R instructions for box 7 codes.

Form 5329 instructions for exceptions to the penalty

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