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April 2, 2024
Question

How do I mark on 1099-R the exemption for series of equal payments based on life expectancy

  • April 2, 2024
  • 1 reply
  • 0 views
I do not see it on the list of options under box 7

1 reply

April 2, 2024

Code 2 "Early distribution exception applies" would be the applicable code for an early distribution of a retirement account that is not penalized because the substantially equal periodic payment rules. 

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