1099-R CODES:

Box 7 Codes

1 = early distribution. no known exception

2 = early distribution exception applies

3 = disability

4 = death

5 = prohibited transaction

6 = section 1035 exchange. tax free exchange of life insurance.

7 = normal distribution.

8 = excess contributions. excess deferrals. taxable.

9 = PS58 costs currently taxable.

A = may be eligible for 5 or 10 year averaging.

D = excess contributions. excess deferrals. taxable.

E = excess annual additions under section 415.

F = charitable gift annuity.

G = direct rollover to IRA.

H = direct rollover to a qualified plan.

J = distribution from a Roth IRA.

L = loans treated as distributions.

M = distribution from an education IRA

P = excess contributions. excess deferrals. taxable.

R = IRA recharacterizations.

S = early distribution from a Simple IRA in first 2 years. no known exception.