407 - DNA Core API: Type Codes For Current Year and Prior Year IRA Penalty

Category Core Specific

Description Pipe-delimited list of the type codes that are used to designate IRA penalties. Enter the type code for current-year IRA penalties in the first position. Enter the type code for prior-year IRA penalties in the second position.

Purpose Supports reporting and presentation of IRA penalty transactions for:

  • Current tax year
  • Prior tax year

Valid Values Pipe-delimited list of two type codes:

Example: Current Year Type Code| Prior Year Type Code

Default Value Not specified

Notes/Dependencies

  • Used in conjunction with IRA dividend and withholding site parameters (400, 401 and 402)