Question: Robin received a Form 1099-R with a distribution code 7. How should Robin's distribution be treated for tax purposes? The distribution is a normal distribution

Robin received a Form 1099-R with a distribution code 7. How should Robin's distribution be treated for tax purposes?

  1. The distribution is a normal distribution and is not subject to an additional tax.
  2. The distribution is eligible for the 10-year option method.
  3. The distribution is subject to a 10% additional tax.
  4. The distribution should be treated as a rollover.

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