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Subject:  Re: K-1 Section 751 statement Date:  2/25/2009  3:06 PM
Author:  TMFPMarti Number:  104701 of 124773

Code 2 in Box 7 of a 1099-R indicates that this is a premature distribution not subject to the premature distribution penalty. If you look at the back of the 1099-R you'll see that no 5329 is required.

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