Hello

Thank you for replying.

1099 shows Gross and Taxable Distribution of  $60k with $12k withheld for federal taxes.

It was a traditional IRA and was transferred to a similar account.  The taxpayer is under age 59 1/2 (56 to be exact).  Box 7 is coded "2"

Based on some research, I'm thinking that the $12k is taxable with the remaining $48k treated as a partial rollover.

Hope this helps. 

Thank you very much