Form 1099-R Box 7a

Code 4: Death

The payment was made to a beneficiary or estate after the account owner’s death.

Usual federal tax treatment

The taxable amount is generally ordinary income to the recipient; the early-distribution additional tax does not apply.

Inherited-account distribution rules may also require annual or 10-year withdrawals.

Enter Box 1, Box 2a, Box 4, your age, other income, and code 4 to estimate taxable income and possible additional tax.

Retirement distribution tax, rollover and QCD exclusions, withholding, and possible 10% additional tax

10% pre-59½ + income tax, first-home exception, SEPP 72(t)

Required minimum distributions, age 73 RBD, life-expectancy tables