Out of Scope by [line number]:
- Out of scope codes are indicated in pink.
- Codes may be used in combinations – if any code in the combination is OOS, the transaction is OUT OF SCOPE.
| 1 | Early distribution, no known exception – but there may be an exception. Check the exception code list to be sure. |
| 2 | Early distribution, exception applies. |
| 3 | Disability |
| 4 | Death |
| 5 | Prohibited transaction |
| 6 | Section1036 exchange (out of scope for VITA/TCE, in scope for AARP) |
| 7 | Normal distribution |
| 8 | Excess contributions plus earnings/excess deferrals (and/or earnings) taxable this year |
| 9 | Cost of current life insurance protection |
| A | May be eligible for 10-year tax option |
| B | Designated Roth account distribution |
| D | Annuity payments from nonqualified annuities and distributions from life insurance contracts that may be subject to tax under section 1411 (Medicare tax on high incomes & Net investment income tax for high income taxpayers). OUT OF SCOPE if form 8960 is produced (due to exceeding an income level for the filing status). |
| E | Distributions under Employee Plans Compliance Resolution System (EPCRS) |
| F | Charitable gift annuity |
| G | Direct rollover (transfer) and direct payments |
| H | Direct rollover of a designated Roth account distribution to a Roth IRA |
| J | Early distribution from a Roth IRA (OOS for VITA/TCE, in scope for AARP if distribution is not taxable) |
| K | Distribution of IRA assets not having a readily available FMV |
| L | Loans treated as deemed distributions under section 72(p) (OOS for VITA/TCE, in scope for AARP) |
| N | Recharacterized IRA contribution made for this calendar year. |
| P | Excess contributions plus earnings/excess deferrals taxable in this tax year. |
| Q | Qualified distribution from a Roth IRA |
| R | Recharacterized IRA contribution made for this tax year. |
| S | Early distribution from a SIMPLE IRA in the first 2 years, no known exception |
| T | Roth IRA distribution, exception applies (OOS for VITA/TCE, in scope for AARP if distribution is not taxable) |
| U | Dividends distributed from an ESOP under section 404(k) |
| W | Charges or payments for purchasing qualified long-term care insurance contracts under combined arrangements (OOS for VITA/TCE, in scope for AARP) |
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