Form 1099-R - Distributions From Pensions, Annuities, Retirement - 2013 Page 7
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11Instructions for Recipient (Continued)
Box 6. If you received a lump-sum distribution from a qualified plan
that includes securities of the employer’s company, the net unrealized
If this is a total distribution from a qualified plan and you were born
appreciation (NUA) (any increase in value of such securities while in
before January 2, 1936 (or you are the beneficiary of someone born
the trust) is taxed only when you sell the securities unless you choose
before January 2, 1936), you may be eligible for the 10-year tax
to include it in your gross income this year. See Pub. 575 and the
option. See the Form 4972 instructions for more information.
Form 4972 instructions. If you did not receive a lump-sum distribution,
If you are an eligible retired public safety officer who elected to
the amount shown is the NUA attributable to employee contributions,
exclude from income distributions from your eligible plan used to pay
which is not taxed until you sell the securities.
certain insurance premiums, the amount shown in box 2a has not
Box 7. The following codes identify the distribution you received. For
been reduced by the exclusion amount. See the instructions for Form
more information on these distributions, see the instructions for your
1040 or 1040A for more information.
tax return. Also, certain distributions may be subject to an additional
Box 2b. If the first box is checked, the payer was unable to determine
10% tax. See the instructions for Form 5329.
the taxable amount, and box 2a should be blank, except for an IRA. It
1—Early distribution, no known exception (in most cases, under age
is your responsibility to determine the taxable amount. If the second
59½).
box is checked, the distribution was a total distribution that closed out
2—Early distribution, exception applies (under age 59½).
your account.
3—Disability.
Box 3. If you received a lump-sum distribution from a qualified plan
4—Death.
and were born before January 2, 1936 (or you are the beneficiary of
someone born before January 2, 1936), you may be able to elect to
5—Prohibited transaction.
treat this amount as a capital gain on Form 4972 (not on Schedule D
6—Section 1035 exchange (a tax-free exchange of life insurance,
(Form 1040)). See the Form 4972 instructions. For a charitable gift
annuity, qualified long-term care insurance, or endowment
annuity, report as a long-term capital gain as explained in the
contracts).
instructions for Form 8949.
7—Normal distribution.
Box 4. Shows federal income tax withheld. Include this amount on
8—Excess contributions plus earnings/excess deferrals (and/or
your income tax return as tax withheld, and if box 4 shows an amount
earnings) taxable in 2013.
(other than zero), attach Copy B to your return. Generally, if you will
9—Cost of current life insurance protection.
receive payments next year that are not eligible rollover distributions,
A—May be eligible for 10-year tax option (see Form 4972).
you can change your withholding or elect not to have income tax
B—Designated Roth account distribution.
withheld by giving the payer Form W-4P.
Note. If Code B is in box 7 and an amount is reported in box 10,
Box 5. Generally, this shows the employee’s investment in the
see the instructions for Form 5329.
contract (after-tax contributions), if any, recovered tax free this year;
the portion that is your basis in a designated Roth account; the part of
D—Annuity payments from nonqualified annuities that may be subject
premiums paid on commercial annuities or insurance contracts
to tax under section 1411.
recovered tax free; or the nontaxable part of a charitable gift annuity.
(Continued on the back of Copy 2.)
This box does not show any IRA contributions. If the amount shown is
your basis in a designated Roth account, the year you first made
contributions to that account may be entered in box 11.
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