Guest UKH Posted February 4, 2003 Posted February 4, 2003 Does anybody know the 1099R code for an excess IRA contribution?
Michael Devault Posted February 4, 2003 Posted February 4, 2003 If it's taxable in 2002, you use code 8. If it's taxable in 2001, the code is P. Hope this helps.
Appleby Posted February 5, 2003 Posted February 5, 2003 Right- assuming the 1099-R is being issued for tax year 2002 The code begin on page9 of the document ( instructions for 1099R and 5498) at this URL http://www.irs.gov/pub/irs-pdf/i1099r02.pdf Life and Death Planning for Retirement Benefits by Natalie B. Choatehttps://www.ataxplan.com/life-and-death-planning-for-retirement-benefits/ www.DeniseAppleby.com
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