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We took a disaster distribution in 2020; however, they did not provide a 1099-R for 21 and the site is requiring it.Prudential does not have a 1099R for us. Help!!!
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Retirement tax questions
When you reported the 1099R for 2020 did you elect to spread the tax over 3 years? Here is a prior answer from Don......
If you had a Covid-19 related distribution in 2020 and selected to spread the distribution over 3 years -
Answer No when asked if you received a Form 1099-R in 2021, if you did not receive the form
Answer Yes when asked if you took a disaster distribution
Answer Yes when asked if you took a Qualified 2020 Disaster Distribution
Check the box that this was a Coronavirus-related distribution reported in 2020
If the 2020 distribution was from an account that was Not an IRA
2020 Form 8915E Line 9 - Enter 1/3 of the amount from the 2020 distribution in both boxes for Line 9
If the 2020 distribution was from an IRA account
2020 Form 8915E Line 17 - Enter 1/3 of the amount from the 2020 distribution in both boxes for Line 17
The 1/3 of the amount from the 2020 distribution will be entered on the 2021 Form 1040 Line 4b if from an IRA or on Line 5b if from a retirement plan other than an IRA
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Retirement tax questions
Or do you actually take a plan loan, rather than distribution? If so, no 1099-R issued for that unless you default on repayment..
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Retirement tax questions
You did not do anything in 2021 and that's why there is not any 1099-R for 2021.