Yes, but when you continue in the 2015 1099-R interview, it will ask if the 1099-R is a 2015 or 2016 1099-R. Choose 2016 and then the year changes from 2014 to 2015 (you will not see that but that is what happens - the code "P" year depends of the issue date of the 1099-R).
Enter code P and choose 2016 for the year and it will be fine.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
