1099-R Form Distribution Code 1 - Web code 1 is used for early withdrawal from the plan. This means an investor is withdrawing funds from their. This distribution is subject to the 10% penalty. Web if an ira conversion contribution or a rollover from a qualified plan is made to a roth ira that is later revoked or closed, and a. We use these codes and your. Early distribution, no known exception.
Web if an ira conversion contribution or a rollover from a qualified plan is made to a roth ira that is later revoked or closed, and a. This means an investor is withdrawing funds from their. Early distribution, no known exception. This distribution is subject to the 10% penalty. Web code 1 is used for early withdrawal from the plan. We use these codes and your.