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    #1

    ROTH IRA Distribution

    Is there a "Checklist" available someplace that I could use to make sure I don't miss anything important regarding a client that received a $6500 Form 1099-R for a ROTH IRA distribution with Code J on it?

    This year is my first to receive one.

    Any direction would be appreciated. Thank you!
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    #2
    Code J means: Early distribution from a Roth IRA, no known exception (in most cases, under age 59½). Thus, if the amount distributed exceeds the amount originally invested, the excess is taxable.
    Roland Slugg
    "I do what I can."

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      #3
      Pub. 590

      Are Distributions Taxable? PAGE 64

      Ordering Rules for Distributions PAGE 66

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