peterhawaii
Level 3
03-02-2021
01:34 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Pro Series phone technicians say March 12. The important thing is the code must be changed from 1 to 2, because code 2 is always taxable to Hawaii. The code 2 exception is the last one listed in what can be code 2. The provision the IRS uses is72 t. This is the law that makes the pension 1/3rd taxable each year for 3 years and waives the 10% penalty.
In correcting the Form 1099R also change the taxable amount to 1/3 of box 1