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itsjustcassiee
New Member

Do I need a 1099R if I have elective deferrals to my 401k?

 
2 Replies
SteamTrain
Level 15

Do I need a 1099R if I have elective deferrals to my 401k?

A 1099-R is issued and entered only when you take money out of your 401k.

 

Contributions to your 401k are shown and entered with your W-2 (box 12) and nowhere else in the program.

 

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
DianeC958
Expert Alumni

Do I need a 1099R if I have elective deferrals to my 401k?

No, you do not need a 1099-R since you are putting money into your 401K.

 

The 1099-R is issued only when you take money out of your 401K account.

 

Link about when to Use Form 1099-R

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