What Does Code 7 on 1099-R Tax Forms Mean?

By Staff WriterLast Updated Mar 25, 2020 12:15:26 PM ET

Code 7 on Box 7 of the 1099-R tax form means Normal Distribution, states TurboTax. The normal distribution is for individuals who are older than 59-1/2, and the distribution does not have a penalty.

Codes for Box 7 of the 1099-R tax form include number or a letter in the alphabet, states the Prudential website. Some applicable codes include, but are not limited to:

  • 1 - premature distributions without an exception
  • 2 - premature distributions with an exception
  • 4 - death
  • D - net investment income
  • F - charitable gift annuity
  • J - early distribution from a Roth IRA

For a complete list of codes, visit the IRS, TurboTax or Prudential websites.