MMG
Level 1

Client cashed out a 401k after leaving the US (Non greencard holder non citizen). Financial institution issued 1042S and withheld 30%. I am entering as a replacement 1099R. with gross income = taxable income b/c 30% was withheld.

Should I check the box distibution code 1 no known exception?

0 Cheers
George4Tacks
Level 15