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Retirement tax questions
...Now...if it IS as standard 1099-R (and not a CSA- of CSF-1099-R from OPM)
....The IRS moved boxes 12,13,14 from the 2019 and earlier 1099-R format, and into boxes 14,15,16 respectively for 2020....BUT, a few irresponsible 1099-R providers failed to update their 1099-R forms to the new/correct 2020 box numbering format. So if you see boxes 12,13,14 on your standard 1099-R...match the subject of each line before entering the numbers/values .
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
‎April 3, 2021
8:18 AM