Skip to main content
February 16, 2025
Question

IRA early distribution code

  • February 16, 2025
  • 1 reply
  • 0 views

I made an early withdrawal from my IRA for education but received a code 1.  how do i correct this?

    1 reply

    SharonD007
    February 16, 2025

    You have to contact the plan administrator of your IRA to request a corrected 1099-R with the corrected distribution code.

     

    If you haven't had success with the plan administrator, refer to ‌the IRS Topic Form W-2 and Form 1099-R (what to do if incorrect or not received) for information.

    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"