Indicates that this is Copy B of your Form 1099-R and what should be attached to your Federal Income Tax Return. Additional copies include:

Copy A - Filed with IRS by Principal Trust/Delaware Charter
Copy 1 - Filed with your State, City, or Local Tax Department by Principal Trust/Delaware Charter
Copy B - To be attached to your Federal Income Tax Return
Copy C - To be kept for your personal records
Copy 2 - To be attached to your State, City, or Local Income Tax Return
Copy D - To be kept by Principal Trust/Delaware Charter

Shows your Social Security number used for tax identification purposes.

Shows Principal Trust/Delaware Charter's tax payers identification number.

As trustee to your account, Principal Trust/Delaware Charter is the payer to your account. This field shows our legal name (Delaware Charter Guarantee & Trust Company) and our mailing address.

Shows the total amount of your distribution(s) before income tax or other deductions were withheld.

If the distribution is from a traditional, SEP or SIMPLE IRA, the amount in this box will be the same as the amount in Box 1. It could also show the earnings on any excess contributions you withdrew from an IRA, SEP, or Roth by the due date of your income tax return. If you withdrew the excess plus earnings by the due date of your income tax return, you must include the earnings in your income in the year you received the distribution.

This box is checked if we are unable to determine the taxable amount of the distribution, because you could have made non-deductible after-tax contributions to your account.

Total Distribution

This box is checked if the payment shown in Box 1 is a total distribution. A total distribution is one or more distributions within one tax year in which the entire balance of the account is distributed.

Shows any amount from a taxable gift annuity that is taxable as a capital gain.

Participants born before 1936 or their beneficiaries may be eligible to elect capital gains treatment of lump sum distributions.

Shows all Federal Income Tax withheld from your account.

Shows the employee's contributions to a profit sharing plan, or insurance premiums that the employee may recover tax free this year.

Box 5 includes any of the following A) after-tax contributions, B) contributions made by the employer but considered to be made by the employee under section 72(f), C) the accumulated cost of premiums paid for life insurance protection taxable to the employee in previous years and in the current year (only if the life insurance contract itself is distributed, and D) premiums paid on commercial annuities. Until the IRS issues further guidance, Box 5 also includes after-tax contributions to an IRA.

This box shows the net unrealized appreciation (NUA) of any employer securities distributed to you. This box is blank if the payer is unable to determine the NUA amount.

Shows the code used by the IRS to help determine if distributions have been reported properly. The various codes indicate what the distribution was for. In this case, "J" indicates that the distribution was an early distribution from a Roth IRA with no known exception.

For an excerpt from the IRS Instructions for Form 1099-R and 5498 that lists all distribution tax codes, click here (PDF).

Indicates if the distribution is from a traditional IRA, SEP IRA, or SIMPLE IRA

If the distribution was a total distribution and was made to more than one person, this box shows the percentage distributed to the individual named on this Form 1099-R.

Shows the amount of state taxes withheld, if any.

Shows the state and ID number of record if state taxes were withheld.

Shows the amount of State and Local distribution, if any.

This box is left intentionally blank; the IRS does not require this information.