Code Q is a Qualified distribution from a Roth IRA. There is no tax on the amount on a 1099-R with Code Q.
Code T is Roth IRA distribution, exception applies. There is no tax on the amount with a Code T. This indicates a withdrawal that would have been taxable because the 5 year holding period was not met or age 59 1/2 was not reached, but there is an exception to the taxation because of total and permanent disability, inherited Roth IRA or other reasons that are listed in this IRS tax topic article.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
