What Is Form 1099-R: Understanding Retirement Plan Distributions

What Is Form 1099-r? It’s the IRS document reporting distributions from retirement plans, annuities, and insurance contracts. At WHAT.EDU.VN, we simplify tax complexities. We provide easy explanations and free answers to your financial questions, focusing on retirement income reporting, pension distributions, and IRA withdrawals.

1. Form 1099-R: An In-Depth Overview

Form 1099-R, officially titled “Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc.,” is an essential IRS tax form. It’s used to report distributions (i.e., payments) you receive from various types of retirement accounts and contracts. These include pensions, annuities, individual retirement arrangements (IRAs), and insurance contracts. Understanding this form is crucial for accurately filing your taxes and avoiding potential issues with the IRS.

1.1. Who Issues Form 1099-R?

The responsibility of issuing Form 1099-R falls on the payer of the distributions. This can be a variety of entities, including:

Financial Institutions: Banks, credit unions, and brokerage firms are common issuers when you receive distributions from IRAs or other retirement accounts they manage.
Insurance Companies: If you receive payments from an annuity or insurance contract, the insurance company will issue the form.
Employers: Companies that sponsor pension plans or other retirement savings plans for their employees are responsible for issuing Form 1099-R when distributions are made.
Other Payer Entities: Any organization or entity that makes distributions from a retirement or savings plan, as described by the IRS, is required to issue Form 1099-R.

1.2. What Information is Reported on Form 1099-R?

Form 1099-R provides a detailed summary of your retirement distributions for the tax year. Key information includes:

Payer Information: The name, address, and Taxpayer Identification Number (TIN) of the entity making the distribution.
Recipient Information: Your name, address, and TIN (typically your Social Security number).
Gross Distribution: The total amount of money you received from the retirement plan or contract during the year.
Taxable Amount: The portion of the distribution that is subject to income tax. This may be the entire distribution, or it could be a smaller amount if part of the distribution represents a return of your after-tax contributions.
Federal Income Tax Withheld: The amount of federal income tax that was withheld from your distribution.
Distribution Code(s): One or more codes that indicate the type of distribution you received (e.g., early withdrawal, normal retirement, death benefit). These codes are crucial for determining how the distribution should be treated on your tax return.
State Tax Information (if applicable): Some states require payers to report state income tax withheld from distributions.

1.3. Why is Form 1099-R Important?

Form 1099-R is a critical document for several reasons:

Tax Reporting: It provides the information you need to accurately report your retirement distributions on your federal income tax return. The IRS also receives a copy of this form, so it’s essential that the information on your return matches the information reported on Form 1099-R.
Determining Tax Liability: The form helps you determine how much of your distribution is taxable. This can depend on factors such as the type of retirement plan, your age, and whether you made after-tax contributions.
Avoiding Penalties: Accurately reporting your retirement distributions can help you avoid penalties for underpayment of taxes or other errors on your tax return.
Record Keeping: Form 1099-R serves as an important record of your retirement income. It’s a good idea to keep copies of these forms for your records, along with other tax-related documents.

1.4. Key Terms Related to Form 1099-R

Term	Definition
Distribution	A payment you receive from a retirement plan, annuity, or insurance contract.
Payer	The entity that makes the distribution (e.g., a bank, insurance company, or employer).
Recipient	The person who receives the distribution.
Taxable Amount	The portion of the distribution that is subject to income tax.
Withholding	The amount of federal or state income tax that was withheld from the distribution.
Distribution Code	A code on Form 1099-R that indicates the type of distribution you received. Understanding these codes is crucial for proper tax reporting. See section 2 for detailed information about common codes.

1.5. How to Obtain Form 1099-R

Generally, you should receive Form 1099-R from the payer by January 31st of the year following the distribution. If you haven’t received it by then, here are steps you can take:

Contact the Payer: Your first step should be to contact the financial institution, insurance company, or employer that made the distribution. They may be able to provide you with a copy of the form or explain why it hasn’t been issued yet.
Check Online Accounts: Many payers now offer electronic access to tax forms. Check your online account with the payer to see if Form 1099-R is available for download.
Contact the IRS: If you’ve tried contacting the payer and still haven’t received the form, you can contact the IRS for assistance. The IRS may be able to provide you with a transcript of your tax information, which will include the information reported on Form 1099-R. You can request a transcript online, by phone, or by mail. Keep in mind that it can take some time for the IRS to process your request.
File Form 4852: If you are unable to obtain Form 1099-R from the payer, and the IRS is unable to provide the information, you may need to file Form 4852, Substitute for Form W-2, Wage and Tax Statement. This form allows you to estimate your income and withholding based on the best information you have available. Be sure to include an explanation of why you were unable to obtain Form 1099-R.

2. Decoding Distribution Codes on Form 1099-R

One of the most important, yet often confusing, aspects of Form 1099-R is the distribution code found in Box 7. This code provides crucial information about the type of distribution you received, which directly impacts how it’s treated on your tax return. Understanding these codes is essential for accurate tax filing and avoiding potential penalties.

2.1. Why Are Distribution Codes Important?

Distribution codes tell the IRS (and you) the specific reason for the distribution. This information is used to determine:

Taxability: Is the distribution fully taxable, partially taxable, or non-taxable?
Penalties: Is the distribution subject to an early withdrawal penalty (typically for those under age 59 ½)?
Reporting Requirements: Where on your tax return should the distribution be reported?

Using the wrong distribution code can lead to errors on your tax return, potentially triggering an audit or penalties.

2.2. Common Distribution Codes and Their Meanings

Here’s a breakdown of some of the most common distribution codes found on Form 1099-R:

Code	Description	Implications
1	Early distribution, no known exception: This code indicates a distribution made to someone under age 59 ½, and no exception to the early withdrawal penalty applies.	Generally subject to a 10% early withdrawal penalty in addition to regular income tax.
2	Early distribution, exception applies: This code indicates a distribution made to someone under age 59 ½, but an exception to the early withdrawal penalty applies.	Not subject to the 10% early withdrawal penalty if the exception is valid (e.g., for medical expenses exceeding 7.5% of adjusted gross income). You’ll need to complete Form 5329 to claim the exception.
3	Disability: This code indicates that you received the distribution because you are disabled.	Not subject to the 10% early withdrawal penalty.
4	Death: This code indicates that you received the distribution as a beneficiary after the death of the account owner.	May be subject to income tax, but not the 10% early withdrawal penalty. The tax treatment depends on the type of retirement plan and your relationship to the deceased.
7	Normal distribution: This code indicates a distribution made to someone age 59 ½ or older.	Generally subject to income tax, but not the 10% early withdrawal penalty.
G	Direct rollover of distribution to a qualified plan, a section 403(b) plan, a governmental section 457(b) plan, or an IRA: This code indicates that the distribution was directly rolled over into another qualified retirement account.	Not subject to income tax or penalties.
H	Direct rollover of distribution to a Roth IRA: This code indicates that the distribution was directly rolled over into a Roth IRA.	Subject to income tax in the year of the rollover, but future distributions from the Roth IRA (if qualified) will be tax-free.
J	Early distribution from a Roth IRA: This code indicates a distribution from a Roth IRA before age 59 ½.	The tax treatment depends on whether the distribution is considered a qualified distribution. Qualified distributions are tax-free and penalty-free. Non-qualified distributions may be subject to income tax and the 10% early withdrawal penalty.
Q	Qualified distribution from a Roth IRA: This code indicates a qualified distribution from a Roth IRA.	Tax-free and penalty-free.

Important Notes:

This table is not exhaustive. There are other distribution codes that may appear on Form 1099-R.
The IRS provides detailed explanations of all distribution codes in the Instructions for Forms 1099-R and 5498.
If you see multiple codes in Box 7, it means that more than one condition applies to the distribution. The codes are usually listed in order of importance.

2.3. What to Do if You Think Your Distribution Code is Incorrect

If you believe the distribution code on your Form 1099-R is incorrect, it’s important to take action. Here’s what you should do:

Contact the Payer: The first step is to contact the financial institution, insurance company, or employer that issued the form. Explain why you believe the code is incorrect and provide any documentation that supports your claim.
Request a Corrected Form: If the payer agrees that the code is wrong, they should issue a corrected Form 1099-R (indicated as “CORRECTED” at the top).
File Form 4852 (if necessary): If the payer refuses to correct the form, or if you are unable to resolve the issue with them, you may need to file Form 4852, Substitute for Form W-2, Wage and Tax Statement. This form allows you to report the distribution using the code you believe is correct, but you’ll need to provide an explanation of why you disagree with the payer’s code.

2.4. Examples of How Distribution Codes Impact Your Taxes

Example 1: Early Withdrawal for Medical Expenses: John, age 50, withdraws $10,000 from his IRA to pay for medical expenses. His Form 1099-R shows a distribution code of “2” (early distribution, exception applies). Because he meets the requirements for the medical expense exception, he won’t owe the 10% early withdrawal penalty, but he will still owe income tax on the distribution.
Example 2: Normal Retirement Distribution: Mary, age 65, starts receiving regular distributions from her 401(k) plan. Her Form 1099-R shows a distribution code of “7” (normal distribution). She will owe income tax on the distributions, but she won’t owe the 10% early withdrawal penalty.
Example 3: Rollover to a Roth IRA: David, age 45, takes a distribution from his traditional IRA and rolls it over into a Roth IRA. His Form 1099-R shows a distribution code of “H” (direct rollover of distribution to a Roth IRA). He will owe income tax on the amount rolled over, but future qualified distributions from the Roth IRA will be tax-free.

Understanding distribution codes is crucial for accurately reporting your retirement income and avoiding potential tax issues. If you’re unsure about the meaning of a code on your Form 1099-R, consult with a tax professional or refer to the IRS instructions.

3. Tax Implications of Form 1099-R: What You Need to Know

The information reported on Form 1099-R directly impacts your tax liability. Understanding the tax implications of different types of retirement distributions is crucial for accurate tax planning and avoiding potential penalties.

3.1. Taxable vs. Non-Taxable Distributions

The first step in determining the tax implications of your Form 1099-R is to figure out how much of the distribution is taxable. This depends on several factors, including the type of retirement plan, whether you made pre-tax or after-tax contributions, and your age.

Traditional IRAs and 401(k)s: Distributions from traditional IRAs and 401(k)s are generally fully taxable in retirement, because the contributions were made on a pre-tax basis, and neither the contributions nor the earnings have ever been taxed. The full distribution amount shown on Form 1099-R will typically be taxable.
Roth IRAs and 401(k)s: Qualified distributions from Roth IRAs and 401(k)s are tax-free in retirement. This means that neither the contributions nor the earnings are taxed. To be considered a qualified distribution, you must be at least age 59 ½ and the account must have been open for at least five years. Non-qualified distributions may be subject to income tax and the 10% early withdrawal penalty (if you’re under age 59 ½).
After-Tax Contributions: If you made after-tax contributions to a retirement plan, a portion of your distributions will be tax-free as a return of your contributions. The payer should calculate the taxable amount and report it on Form 1099-R. If the form does not accurately reflect after-tax contributions, you may need to file Form 8606 to calculate the taxable amount.
Annuities: The tax treatment of annuity payments depends on whether the annuity is qualified or non-qualified. Qualified annuities are funded with pre-tax dollars, while non-qualified annuities are funded with after-tax dollars. With a non-qualified annuity, only the earnings portion of each payment is taxable.

3.2. Early Withdrawal Penalty

Generally, if you receive a distribution from a retirement plan before age 59 ½, you’ll be subject to a 10% early withdrawal penalty in addition to regular income tax. This penalty is designed to discourage people from tapping into their retirement savings early.

However, there are several exceptions to the early withdrawal penalty. If one of these exceptions applies to you, you can avoid the 10% penalty. Some common exceptions include:

Medical Expenses: You can avoid the penalty if you use the distribution to pay for unreimbursed medical expenses that exceed 7.5% of your adjusted gross income (AGI).
Disability: You can avoid the penalty if you are disabled.
Death: Your beneficiaries can avoid the penalty if they receive the distribution after your death.
Qualified Higher Education Expenses: You can avoid the penalty if you use the distribution to pay for qualified higher education expenses for yourself, your spouse, your children, or your grandchildren.
First-Time Homebuyer: You can withdraw up to $10,000 from your IRA to buy, build, or rebuild a first home without paying the penalty.
Birth or Adoption Expenses: You can withdraw up to $5,000 from your retirement plan for qualified birth or adoption expenses without paying the penalty.
IRS Levy: If your retirement account is levied by the IRS, the distribution is exempt from the penalty.

To claim an exception to the early withdrawal penalty, you’ll need to complete Form 5329, Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts, and file it with your tax return.

3.3. Rollovers and Transfers

A rollover occurs when you receive a distribution from a retirement plan and then contribute it to another retirement plan within 60 days. A transfer occurs when funds are moved directly from one retirement plan to another without you taking possession of the money.

Rollovers and transfers can be powerful tools for managing your retirement savings and avoiding taxes. If done correctly, rollovers and transfers are not taxable events. This means you won’t owe income tax or penalties on the money you move.

However, it’s crucial to follow the rules carefully when rolling over or transferring retirement funds. If you miss the 60-day deadline for a rollover, or if you don’t follow the proper procedures for a transfer, the distribution could be considered taxable and subject to penalties.

3.4. Federal Income Tax Withholding

When you receive a distribution from a retirement plan, the payer is generally required to withhold federal income tax from the payment. The amount of withholding depends on your instructions to the payer. You can choose to have no tax withheld, a specific dollar amount withheld, or a percentage of the distribution withheld.

If you don’t have enough tax withheld from your retirement distributions, you may owe taxes when you file your tax return. To avoid this, you can increase your withholding or make estimated tax payments throughout the year.

3.5. State Income Tax

In addition to federal income tax, your retirement distributions may also be subject to state income tax, depending on the state you live in. Some states do not tax retirement income, while others tax it in the same way as federal income tax.

The payer may also be required to withhold state income tax from your retirement distributions. The amount of withholding depends on your state’s laws and your instructions to the payer.

3.6. Reporting Form 1099-R on Your Tax Return

The information from Form 1099-R is reported on your federal income tax return. The specific lines on which you report the information depend on the type of retirement plan and the distribution code.

Generally, you’ll report the gross distribution and taxable amount on Form 1040, lines 5a and 5b for IRAs or lines 5c and 5d for pensions and annuities. If you owe the 10% early withdrawal penalty, you’ll report it on Form 5329.

It’s essential to keep your Form 1099-R with your tax records and consult with a tax professional if you have any questions about how to report your retirement distributions.

4. Common Mistakes to Avoid When Dealing with Form 1099-R

Dealing with Form 1099-R can be tricky, and it’s easy to make mistakes that could lead to tax problems. Here are some common errors to watch out for:

4.1. Incorrectly Reporting the Taxable Amount

One of the most common mistakes is incorrectly reporting the taxable amount of your distribution. This can happen if you don’t understand the rules for determining taxability, or if you make an error when calculating the taxable amount yourself.

Not considering after-tax contributions: If you made after-tax contributions to a retirement plan, a portion of your distributions will be tax-free as a return of your contributions. Be sure to factor this into your calculation of the taxable amount. Use Form 8606 to calculate the taxable and non-taxable portions.
Incorrectly calculating the taxable amount of an annuity: The tax treatment of annuity payments can be complex, especially for non-qualified annuities. Make sure you understand the rules for determining the taxable portion of each payment.
Overlooking rollovers: If you rolled over a distribution to another retirement plan, the distribution is not taxable. Be sure to report the rollover correctly on your tax return to avoid being taxed on the distribution.

4.2. Misunderstanding Distribution Codes

As mentioned earlier, distribution codes are crucial for determining the tax treatment of your retirement distributions. Misunderstanding these codes can lead to errors on your tax return.

Assuming all distributions are taxable: Not all distributions are taxable. Qualified distributions from Roth IRAs and 401(k)s are tax-free, and rollovers are not taxable if done correctly.
Failing to claim exceptions to the early withdrawal penalty: If you meet the requirements for an exception to the early withdrawal penalty, be sure to claim it on Form 5329.

4.3. Missing the 60-Day Rollover Deadline

If you roll over a distribution to another retirement plan, you generally have 60 days to complete the rollover. Missing this deadline can have serious consequences.

The distribution becomes taxable: If you miss the 60-day deadline, the distribution will be considered taxable and subject to income tax.
You may owe the early withdrawal penalty: If you’re under age 59 ½, you may also owe the 10% early withdrawal penalty.

To avoid missing the 60-day deadline, it’s best to complete the rollover as soon as possible. If you think you might miss the deadline, contact a tax professional to discuss your options.

4.4. Not Keeping Adequate Records

It’s essential to keep good records of all your retirement plan transactions, including distributions, rollovers, and contributions. This will help you accurately report your retirement income on your tax return and avoid potential problems with the IRS.

Keep copies of Form 1099-R: Form 1099-R provides essential information about your retirement distributions. Keep copies of these forms with your tax records.
Document rollovers and transfers: If you roll over or transfer retirement funds, keep documentation of the transaction, such as statements from your retirement plan and confirmation letters from the financial institution.
Track after-tax contributions: If you made after-tax contributions to a retirement plan, keep records of those contributions. This will help you calculate the taxable amount of your distributions.

4.5. Ignoring State Tax Implications

Don’t forget to consider the state tax implications of your retirement distributions. Some states do not tax retirement income, while others tax it in the same way as federal income tax.

Know your state’s tax laws: Research your state’s tax laws to understand how retirement income is taxed.
Consider state income tax withholding: If your state taxes retirement income, consider having state income tax withheld from your distributions.

4.6. Assuming the Payer’s Information is Correct

While Form 1099-R provides valuable information, it’s not always accurate. It’s crucial to review the form carefully and verify that all the information is correct.

Check your personal information: Make sure your name, address, and Social Security number are correct on the form.
Verify the distribution amount: Ensure that the gross distribution amount and the taxable amount are accurate.
Review the distribution code: Make sure the distribution code is correct and reflects the type of distribution you received.

If you find any errors on Form 1099-R, contact the payer immediately to request a corrected form.

5. Resources for Further Assistance with Form 1099-R

Navigating the complexities of Form 1099-R and retirement distributions can be challenging. Fortunately, numerous resources are available to provide guidance and support.

5.1. IRS Resources

The IRS offers a wealth of information on Form 1099-R and retirement plans. Some helpful resources include:

IRS Website: The IRS website (www.irs.gov) is a comprehensive source of information on all tax-related topics, including Form 1099-R. You can find instructions, publications, forms, and FAQs.
IRS Publications: The IRS publishes numerous publications on retirement plans and distributions. Some relevant publications include:
- Publication 575, Pension and Annuity Income: This publication provides detailed information on the tax treatment of pension and annuity payments.
- Publication 590-B, Distributions from Individual Retirement Arrangements (IRAs): This publication explains the rules for taking distributions from traditional, Roth, SEP, and SIMPLE IRAs.
- Publication 5329, Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts: This publication explains the rules for the early withdrawal penalty and other taxes on retirement plans.
IRS Forms and Instructions: You can download all necessary IRS forms and instructions from the IRS website. Some relevant forms include:
- Form 1099-R, Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc.
- Form 5329, Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts
- Form 8606, Nondeductible IRAs
IRS Help Line: You can call the IRS help line at 1-800-829-1040 for assistance with tax questions. However, be aware that wait times can be long, and the IRS representatives may not be able to provide personalized tax advice.
Taxpayer Assistance Centers: The IRS operates Taxpayer Assistance Centers (TACs) across the country where you can get in-person help with tax questions. You can find the location of the nearest TAC on the IRS website.

5.2. Financial Professionals

Consulting with a financial professional can be a valuable investment when dealing with Form 1099-R and retirement planning. A qualified professional can provide personalized advice and help you navigate the complexities of the tax laws.

Certified Public Accountant (CPA): A CPA can help you prepare your tax return, understand the tax implications of your retirement distributions, and develop a tax-efficient retirement plan.
Financial Advisor: A financial advisor can help you develop a comprehensive financial plan that includes retirement planning, investment management, and tax planning.
Enrolled Agent (EA): An EA is a federally licensed tax practitioner who can represent you before the IRS. An EA can help you resolve tax problems and navigate the IRS bureaucracy.

5.3. Online Resources

Numerous websites and online tools can provide information and assistance with Form 1099-R. However, it’s important to choose reputable sources and be wary of information that seems too good to be true.

WHAT.EDU.VN: At what.edu.vn, we strive to provide clear, concise, and accurate information on a wide range of financial topics, including Form 1099-R. Our website offers articles, FAQs, and other resources to help you understand your retirement distributions and tax obligations. Plus, you can ask any financial question and receive free answers.
AARP: AARP offers a variety of resources for retirees, including information on retirement planning, Social Security, and Medicare.
National Association of Personal Financial Advisors (NAPFA): NAPFA is a professional association of fee-only financial advisors. You can use the NAPFA website to find a qualified financial advisor in your area.

5.4. Free Tax Preparation Services

If you have low to moderate income, you may be eligible for free tax preparation services. The IRS sponsors two programs that provide free tax help:

Volunteer Income Tax Assistance (VITA): VITA sites are located throughout the country and offer free tax preparation services to people with low to moderate income, people with disabilities, and people with limited English proficiency.
Tax Counseling for the Elderly (TCE): TCE sites are located throughout the country and offer free tax preparation services to people age 60 and older. TCE volunteers specialize in retirement-related tax issues.

You can find the location of the nearest VITA or TCE site on the IRS website.

By utilizing these resources, you can gain a better understanding of Form 1099-R and navigate the complexities of retirement distributions with greater confidence.

6. Examples and Scenarios Involving Form 1099-R

To further illustrate the practical application of Form 1099-R, let’s consider several examples and scenarios:

6.1. Scenario 1: Early Retirement and IRA Distributions

Situation: Sarah, age 52, takes early retirement and begins receiving distributions from her traditional IRA. Her Form 1099-R shows a distribution code of “1.”

Analysis: Because Sarah is under age 59 ½ and the distribution code is “1” (early distribution, no known exception), she will generally be subject to the 10% early withdrawal penalty in addition to regular income tax. However, she should explore whether any exceptions to the penalty apply. For example, if she uses the distributions to pay for medical expenses exceeding 7.5% of her AGI, she may be able to avoid the penalty.

6.2. Scenario 2: Death of a Spouse and Inherited IRA

Situation: John inherits his deceased wife’s traditional IRA. He receives a distribution from the IRA, and his Form 1099-R shows a distribution code of “4.”

Analysis: Because the distribution is due to the death of the IRA owner and John is the beneficiary, the distribution will not be subject to the 10% early withdrawal penalty, regardless of John’s age. However, the distribution will generally be subject to income tax. The specific rules for taxing inherited IRAs can be complex, so John should consult with a tax professional.

6.3. Scenario 3: Rolling Over a 401(k) to an IRA

Situation: Maria leaves her job and rolls over her 401(k) account to a traditional IRA. She receives a Form 1099-R with a distribution code of “G.”

Analysis: Because the distribution was directly rolled over into a traditional IRA and the distribution code is “G” (direct rollover), the distribution is not subject to income tax or penalties. Maria needs to ensure the rollover is completed within 60 days to maintain its tax-sheltered status.

6.4. Scenario 4: Qualified Distribution from a Roth IRA

Situation: Robert, age 68, receives a qualified distribution from his Roth IRA. His Form 1099-R shows a distribution code of “Q.”

Analysis: Because the distribution is a qualified distribution from a Roth IRA and the distribution code is “Q,” the distribution is tax-free and penalty-free. Robert does not need to include the distribution in his taxable income.

6.5. Scenario 5: Distribution with After-Tax Contributions

Situation: Lisa receives a distribution from her retirement plan. She made both pre-tax and after-tax contributions to the plan. Her Form 1099-R shows a gross distribution of $20,000, but only $15,000 is listed as the taxable amount.

Analysis: The $5,000 difference between the gross distribution and the taxable amount represents the return of Lisa’s after-tax contributions. This portion of the distribution is not subject to income tax. Lisa should keep records of her after-tax contributions to support this calculation.

6.6. Example Questions and Answers

Question	Answer
What if I don’t receive Form 1099-R?	Contact the payer. If you still don’t receive it, contact the IRS. You may need to file Form 4852, Substitute for Form W-2, Wage and Tax Statement.
What if the information on Form 1099-R is incorrect?	Contact the payer immediately and request a corrected Form 1099-R.
How do I report a rollover on my tax return?	Report the gross distribution on Form 1040, but indicate that it was rolled over. You may need to complete Form 5329 to report the rollover.
What if I took an early withdrawal but qualify for an exception to the penalty?	Complete Form 5329 and claim the exception. You’ll need to provide documentation to support your claim.
How do I know if my Roth IRA distribution is qualified?	To be qualified, the distribution must be made at least five years after your first Roth IRA contribution, and you must be at least age 59 ½, disabled, or using the distribution to buy a