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    scmdios55's Avatar
    scmdios55 Posts: 1, Reputation: 1
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    #1

    Mar 23, 2014, 08:27 PM
    I received a 1099-r do I have to file the amount is 1,790 no federal tax was taken ou
    I received a 1099-R and Box 7 has a code 7. No fed. Or state tax was deducted. Do I still have to file and I don't work I get SS
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
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    #2

    Mar 23, 2014, 09:10 PM
    The "7" code denotes it to be a normal distribution, so no Early Withdrawal Penalty applies.

    However, you DO have to file, as the distribution IS probably taxable.

    Even if it is NOT taxable (a Roth distribution would not be), it STILL must be reported.
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