Taxpayer asks: On the 1099R block 7, what is code 7. Taxgirl says: Code 7 in box 7 on a form 1099-R means “normal distribution” for a retirement account. Here’s a handy list of codes: 1 Early distribution, no known exception 2 Early distribution, exception applies 3 Disability 4 Death 5 Prohibited transaction 6 Section [...]
