I did not take the RMD for my 2014 IRA balance until January 2016 and got a waiver of the penalty. But now I have 1099Rs for 2016 for both 2014 and 2015 RMD that all have Code 7 (normal distribution) in Box 7 (they couldn't recharacterize it). Should enter code R for the RMDs for the 2014 IRA balance?
