Question

Were you under your minimum retirement age when you received the distribution? I started drawing disability early, can someone explain this to me?

Forum|Forum|4 years ago
January 15, 2022
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TurboTax Deluxe Online

Employee

If you retire under an employer disability plan when under retirement age as defined by your employer, your income is considered wages until you reach retirement age and flows to line 1 of your 1040.

Hal_Al

Employee

@Bsch4477 said If you retire under an employer disability plan when under retirement age as defined by your employer, your income is considered wages until you reach retirement age and flows to line 1 of your 1040.

This means it is treated as earned income, for tax purposes. You may qualify for the earned income credit and qualify to make an IRA contribution.