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New Member
posted May 29, 2021 9:03:09 PM

Should I enter only the bank name as the payor for my 1099-R or is it the company name also?

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4 Replies
Level 15
May 29, 2021 10:08:35 PM

enter the name on the 1099-R. 

New Member
May 30, 2021 5:21:07 AM

But the name on the 1099-R has the name of the Bank on the first line and the name of the company on the second line.  Which one is it - or is it both?

Level 15
May 30, 2021 5:25:20 AM


@artvan99 wrote:

But the name on the 1099-R has the name of the Bank on the first line and the name of the company on the second line.  Which one is it - or is it both?


The TurboTax form 1099-R has two sections for names, enter both as shown on the 1099-R you received.

Level 15
May 30, 2021 5:40:26 AM

Just enter the first one and continue  since it doesn't really matter to the IRS ... only the EIN must be correct.