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Understanding Your Fidelity 2013 1099-R Distribution Information

If you made withdrawals in 2013 from your retirement plan, IRA, annuity, pension, or insurance contract, Fidelity will send you Form 1099-R detailing these distributions.

Illustrated explanation of Form 1099-R distribution information

You may receive more than one Form 1099-R, because distribution information on each form is limited to one account and one distribution code.

Click on the number for a detailed explanation of that section.

Note: Boxes 3, 5, 6, 8, 9a, 9b, 10, and 11 do not apply to Fidelity retirement accounts. In addition, Fidelity does not currently complete boxes 15−17.

Box 1

Reports the total amount of the distribution(s) for each distribution code, including income taxes that Fidelity withheld, if any. Box 1 does not include fees that we may have charged.

Box 2a

Generally reports the part of the distribution that is taxable. In cases in which we know that the distribution is not taxable (such as recharacterizations and direct rollovers into a qualified retirement plan), the amount reported will be zero. For certain types of distributions, including distributions from Roth IRAs, the box is left blank. The IRS does instruct custodians to populate box 2a with the same amount as box 1 for distributions from IRAs.

Box 2b

Generally, Fidelity checks the Taxable amount not determined box for all cases, unless we can identify the taxable amount of a distribution as zero. In cases where either this box is checked or Box 2a is left blank, with the exception of IRA distributions, you will need to check your own records to determine the taxable amount. Fidelity checks the Total distribution box if all of the assets have been distributed from the account.

Box 4

Reports any federal income tax withheld from your distribution. Include this on your income tax return as tax withheld, and if Box 4 shows an amount (other than zero), attach Copy B of your 1099-R to your federal income tax return.

Box 7

Please see the reverse side of your Form 1099-R for official IRS distribution code definitions. In addition to normal and early distributions, distribution types include direct rollovers from employer-sponsored retirement plans, conversions to a Roth IRA, and recharacterized contributions (plus earnings). The IRA/SEP/SIMPLE box is checked if the distribution is from a Traditional IRA, SEP IRA, SIMPLE IRA, or an IRA that was converted to a Roth IRA.

Boxes 12-17

Report state income tax withholding information.

Boxes 3, 5, 6, 8, 9a, 9b, 10 and 11

These do not apply to Fidelity retirement accounts. Fidelity does not currently complete boxes 15−17.

Before investing, consider the fund's investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
The tax information contained herein is general in nature, is provided for informational purposes only, and should not be construed as legal or tax advice. Fidelity does not provide legal or tax advice. Fidelity cannot guarantee that such information is accurate, complete, or timely. Laws of a particular state or laws which may be applicable to a particular situation may have an impact on the applicability, accuracy, or completeness of such information. Federal and state laws and regulations are complex and are subject to change. Changes in such laws and regulations may have a material impact on pre- and/or after-tax investment results. Fidelity makes no warranties with regard to such information or results obtained by its use. Fidelity disclaims any liability arising out of your use of, or any tax position taken in reliance on, such information. Always consult an attorney or tax professional regarding your specific legal or tax situation.

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