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    Suma Sabu's Avatar
    Suma Sabu Posts: 1, Reputation: 1
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    #1

    Feb 22, 2013, 02:14 PM
    Distribution code 7 on 1099-R
    What does distribution code 7 on 1099-R denotes?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    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.
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