Did not receive a 1099-R for my cares act distribution, only a letter from my employer stating the amount and taxes taken out. Can I put that info in without the form?

Forum|Forum|5 years ago
March 14, 2021
4 replies
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DanaB27

Employee Tax Expert

No, if you took a distribution from your retirement account then they are supposed to give you a 1099-R. Did you maybe get a loan instead of a distribution?

If it is a loan from a 401(k) account then this is not reported on a federal tax return. If you default on the loan or are separated from the company without paying off the loan, then it is a distribution and you will receive a Form 1099-R.

Please check with your company about the details.

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martijett

Level 2

IT was not a cares act, but rather an old employment retirement account. I have just a letter showing the monthly payments. It is not a form

macuser_22

Alumni - Champ

@martijett wrote:

IT was not a cares act, but rather an old employment retirement account. I have just a letter showing the monthly payments. It is not a form

ANY distribution from a retirement account requires a 1099-R. Contact the plan administrator for copy. Perhaps it was lost in the mail.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**