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April 12, 2024
Question

If distribution is 4 from DFAS do i need to file even though i have a taxable amount in box 2a?

  • April 12, 2024
  • 1 reply
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form 1099-r from DFAS indicates no need to file form 5329 if box 7 (distribution code) has a number 4 in it.

1 reply

April 18, 2024

Yes, you have to include the 1099-R on your tax return, but if it has a code 4 in box 7, there won't be an early withdrawal penalty and no Form 5329 will be included in the tax return. 

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