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-   -   Distribution code 7 on 1099-R (https://www.askmehelpdesk.com/showthread.php?t=735601)

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

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

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