1099R if the FATCA filing requirement is not checked on the 1099R do we have to put this on our taxes?
if the FATCA filing requirement is not checked on the 1099R do we have to put this on our taxes? Fidelity sent over 6000.00 dollars to the IRS to pay for taxes for the money we took out.
1099R if the FATCA filing requirement is not checked on the 1099R do we have to put this on our taxes?
Yes, you still need to report the information on the form. The FACTA box refers to extra reporting requirements for transactions involving foreign banks.