Question: kacey received a form 1 0 9 9 - r with a distribution code 7 . How should Kelsey's distribution be treated for tax purposes?

kacey received a form 1099-r with a distribution code 7. How should Kelsey's distribution be treated for tax purposes? the distribution is a normal distribution and is not subject to an additional tax. The distribution is eligible for the 10 year option method. The distribution is subject to a 10% additional tax. The distribution should be treated as a rollover.

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