Distribution codes on 1099 early distribution was used for medical expenses. I am disabled and need to cover medical bills. Is code Q the code for these withdrawls?

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Distribution codes on 1099 early distribution was used for medical expenses. I am disabled and need to cover medical bills. Is code Q the code for these withdrawls?

Yes. Code Q means that this was a qualified distribution from a Roth IRA account and you have met the five year holding period and you have become disabled.

Please view the IRS link below for more information.

https://www.irs.gov/retirement-plans/roth-iras

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Distribution codes on 1099 early distribution was used for medical expenses. I am disabled and need to cover medical bills. Is code Q the code for these withdrawls?

Yes. Code Q means that this was a qualified distribution from a Roth IRA account and you have met the five year holding period and you have become disabled.

Please view the IRS link below for more information.

https://www.irs.gov/retirement-plans/roth-iras