I cashed out a small accounts IRA in 2016 for roughly $2200 to pay off some student loan debt. Where/how do I best report this on my tax forms? Thank you.

[ariwinitzky]

Should I receive a 1099S or similar form from the financial institution that held my IRA account?

[AnnetteB · Accepted solution]

Yes, you should have received a Form 1099-R for each distribution from an IRA.

You should contact the financial company holding the IRA accounts for a copy of the Form 1099-R so that you can include it with your 2016 return if the distributions were done in 2016.