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Don't know what the plan cost is for California State Teacher's Retirement System

What is plan cost?
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AnnetteB6
Expert Alumni
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Don't know what the plan cost is for California State Teacher's Retirement System

The plan cost represents any amount that you contributed to the plan with after-tax funds.  If you did not make any after-tax contributions, then your plan cost will be zero.  

 

The plan cost may be reported on Form 1099-R in box 9b, but generally only in the first year that you receive a distribution from the plan.  Your plan administrator may also be able to provide this information.

 

Without some sort of documentation for the plan cost, you will need to enter zero in that box if you are being asked to input something.  This will make your distribution fully taxable, which is the most common situation. 


 

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1 Reply
AnnetteB6
Expert Alumni
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Don't know what the plan cost is for California State Teacher's Retirement System

The plan cost represents any amount that you contributed to the plan with after-tax funds.  If you did not make any after-tax contributions, then your plan cost will be zero.  

 

The plan cost may be reported on Form 1099-R in box 9b, but generally only in the first year that you receive a distribution from the plan.  Your plan administrator may also be able to provide this information.

 

Without some sort of documentation for the plan cost, you will need to enter zero in that box if you are being asked to input something.  This will make your distribution fully taxable, which is the most common situation. 


 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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