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Question 28 of 30. Janeen brings a Form 1099-R to her tax appointment. The form shows a distribution code 1 in box 7. As her
Question 28 of 30. Janeen brings a Form 1099-R to her tax appointment. The form shows a distribution code 1 in box 7. As her tax preparer, the best way for you to champion the taxpayer by applying your tax knowledge and interview skills is to: Ask if the five-year holding period was met. Confirm that the distributionis the result of a disability. Establish whether the distribution was transferred in a timely manner. Interview the taxpayer for possible exceptions to the early distribution penalty. OMark for follow up
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