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Get the free Announcement 98-106. Changes to Codes for Roth IRAs on Form 1099-R

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This announcement advises payers making distributions from Roth IRAs of changes to the distribution codes on Form 1099-R due to amendments in the Internal Revenue Code concerning Roth IRAs.
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Announcement 98-106 pertains to changes in tax regulations and guidelines.
All taxpayers subject to the specific tax regulations mentioned in announcement 98-106 are required to file the changes.
The changes specified in announcement 98-106 should be filled out by completing the relevant form or documentation provided by the tax authority.
The purpose of announcement 98-106 changes is to update and inform taxpayers about any revisions or modifications in the tax regulations.
The specific information that must be reported on announcement 98-106 changes depends on the nature of the tax regulation being modified. Taxpayers should refer to the provided documentation for detailed reporting requirements.
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Roth IRA Form 1099-R distribution codes IRS announcement tax regulations retirement accounts code K code J recharacterization Internal Revenue Bulletin

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