Question: what is distribution code t?
Answer: A code T in box 7 of 1099-R is for a Roth IRA distribution, when an exception applies. It is used for a distribution from a Roth IRA if the IRA custodian does not know if the 5-year holding period has been met but: The participant has reached age 59 & 1/2. The participant died, or. The participant is disabled.