Distribution code (2002 1099-R) Section 2 of 2 N- Recharacterized IRA contribution made for this year and recharacterized this year. Report on this year's Form 1040/1040A and Form 8606, if applicable. P-Excess contributions plus earnings/excess deferrals taxable last year. R- Recharacterized IRA contribution made last year and recharacterized this year. Report on last year's Form 1040/1040A and Form 8606, if applicable. S- Early distribution from a SIMPLE IRA in first 2 years, no known exception (under age 59?). May be subject to an additional 25% tax. See Form 5329. T- Roth IRA distribution, exception applies. Report on Forms 1040/1040A and 8606. You are either age 59? or over or an exception (code 2, 3, or 4) applies. If the IRA/SEP/SIMPLE box is checked, you have received a traditional IRA, SEP or SIMPLE distribution. * You are not required to file Form 5329.
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