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View Full Version : Distribution code 7 on 1099-R

Suma Sabu
Feb 22, 2013, 02:14 PM
What does distribution code 7 on 1099-R denotes?
AtlantaTaxExpert
Feb 22, 2013, 04:18 PM
It denotes that it is a "Normal Distribution".

It tells the tax software and IRS that NO Early Withdrawal Penalties apply.