1099 R

3 replies
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It keeps asking me to fill out information for a 1099 R and I have no ideal what that is or what its for. I have read up on it but I just am not getting it. Can someone please help.

thank you

xmasbaby0

Level 15

You receive a 1099R if you took money out of a retirement account like an IRA, a 401k, 403b, etc. or if you received money from a pension plan.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

SteamTrain

Level 15

....and if you received one and entered it on last year's tax return, then an empty 1099-R form may have transferred into this year's set of forms.

IF you didn't get a 1099-R this year, then you need to go to the Retirment income section, go in and delete that 1099-R. But if you DID take out, or receive $$ from any retirement account, IRA, pension, etc....they have until 31 Jan to send it out (plus mail delays).

I'm still waiting for one mailed 1099-R that cannot be obtained online as a PDF download.

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