Refer to the IRS.gov website for the current codes they require. These are in some cases different that those used by the core system and CU*Answers, listed below.
Contribution/Distribution Codes CU*Answers |
1—Early distribution, no known exception. |
2—Early distribution, exception applies. |
3—Disability. |
4—Death. |
5—Prohibited transaction. |
6—DOES NOT EXIST |
7—Normal distribution. |
8—Excess contributions current year |
9—DOES NOT EXIST |
A—DIRECT TRANSFER |
B—DOES NOT EXIST |
C—Current Year Contribution |
D—Death |
E—DOES NOT EXIST |
F—Federal Withholding |
G—Rollover to a qualified plan |
H—Conversion contribution to a Roth |
J—Early distribution from a Roth IRA, no known exception. |
K—State Withholding |
L—Rollover Contribution |
M—Recharacterized Contribution |
N—Recharacterized Contribution current year |
P—Excess contributions prior year |
Q—Qualified distribution from a Roth IRA. |
R—Recharacterized contribution prior year. |
S—DOES NOT EXIST |
T—Roth IRA distribution, exception applies. |
U—Qualified Reservist Repayment |
W—Direct Transfer |
Y—prior year contribution |
Additional codes that appear on transactions: |
O—Other withdrawals |
I—Internal transfer non reported |
V—Dividend |
X—Qualified disaster repayment |
Z—Qualified birth/adoption Repay |