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thefurrminator
New Member

We took a disaster distribution in 2020; however, they did not provide a 1099-R for 21 and the site is requiring it.Prudential does not have a 1099R for us. Help!!!

We took a disaster distribution in 2020, a penalty-free withdrawal from Prudential-401k; however, they did not provide a 1099-R for 2021 and the website is requiring it. I just checked Prudential website again in the "forms" section of each of our accounts and it says there are no tax forms from 2021.
3 Replies
VolvoGirl
Level 15

We took a disaster distribution in 2020; however, they did not provide a 1099-R for 21 and the site is requiring it.Prudential does not have a 1099R for us. Help!!!

When you reported the 1099R for 2020 did you elect to spread the tax over 3 years?  Here is a prior answer from Don......

 

If you had a Covid-19 related distribution in 2020 and selected to spread the distribution over 3 years -

Answer No when asked if you received a Form 1099-R in 2021, if you did not receive the form

Answer Yes when asked if you took a disaster distribution

Answer Yes when asked if you took a Qualified 2020 Disaster Distribution

Check the box that this was a Coronavirus-related distribution reported in 2020

 

If the 2020 distribution was from an account that was Not an IRA

2020 Form 8915E Line 9 - Enter 1/3 of the amount from the 2020 distribution in both boxes for Line 9

If the 2020 distribution was from an IRA account

2020 Form 8915E Line 17 -  Enter 1/3 of the amount from the 2020 distribution in both boxes for Line 17

 

The 1/3 of the amount from the 2020 distribution will be entered on the 2021 Form 1040 Line 4b if from an IRA or on Line 5b if from a retirement plan other than an IRA

SweetieJean
Level 15

We took a disaster distribution in 2020; however, they did not provide a 1099-R for 21 and the site is requiring it.Prudential does not have a 1099R for us. Help!!!

Or do you actually take a plan loan, rather than distribution?  If so, no 1099-R issued for that unless you default on repayment..

fanfare
Level 15

We took a disaster distribution in 2020; however, they did not provide a 1099-R for 21 and the site is requiring it.Prudential does not have a 1099R for us. Help!!!

You did not do anything in 2021 and that's why there is not any 1099-R for 2021.

@thefurrminator 

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