Question: Robeta received a form 1099-R with a distribution code 7. How should Roberta's distribution be treats for tax purposes? a) The distribution is subject to
Robeta received a form 1099-R with a distribution code 7. How should Roberta's distribution be treats for tax purposes?
a) The distribution is subject to a 10% penalty
b) The distribution is eligible for the 10-year option method
c) The distribution is a normal distribution and is not subject to a penalty
d) The distribution should be treated as a rollover
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