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.
  • Note: This information may change. Refer to the IRS website for the most recent information.
 
Contribution/Distribution Codes CU*Answers
1—Early distribution, no known exception
2—Early distribution, exception applies
3—Disability
4—Death
5—Prohibited transaction. 
6—N/A, not currently supported
7—Normal distribution
8—Excess contributions current year
9—N/A, not currently supported
A—Direct Transfer
B—N/A, not currently supported
C—Current Year Contribution, code translates to the appropriate bucket for transmission to the correct contribution box on a printed 5498
D—Death
E—N/A, not currently supported
F—Federal Withholding
G—Rollover to a qualified plan
H—Conversion contribution to a Roth, code translates to the appropriate bucket for transmission to the correct contribution box on a printed 5498
J—Early distribution from a Roth IRA, no known exception
K—State Withholding
L—Rollover Contribution, code translates to the appropriate bucket for transmission to the correct contribution box on a printed 5498
M—Recharacterized Contribution, code translates to the appropriate bucket for transmission to the correct contribution box on a printed 5498
N—Recharacterized Contribution current year
P—Excess contributions prior year
Q—Qualified distribution from a Roth IRA
R—Recharacterized contribution prior year
S—N/A, not currently supported
T—Roth IRA distribution, exception applies
U—Qualified Reservist Repayment (IRS code QR)
W—Direct Transfer
Y—prior year contribution, code translates to the appropriate bucket for transmission to the correct contribution box on a printed 5498

Additional codes that appear on transactions:
O—Other withdrawals
I—Internal transfer non reported
V—Dividend
X—Qualified disaster repayment (IRS code DD)
Z—Qualified birth/adoption Repay (IRS code BA)