Is a federal I'd the same as payers TIN ON 1099-R FORM?

[dmertz · Accepted solution]

Yes.

[Sha44039]

Yes

[Cynthiad66]

On the 1099-R form the Payer's Federal ID number is located in the box just below the Payer's name and address, on the left side of the form.  It's referred to as a TIN (Tax ID Number) on the form.  

Every January, PERS mails Internal Revenue Service (IRS) Form 1099-R to each retiree who received benefits the previous calendar year. To help retirees gain a better understanding of IRS Form 1099-R, important sections of the 2020 version of this form have been highlighted and explained in the sample form below. IRS Form 1099-R provides information on benefits paid and amounts withheld for federal income tax.

A copy of the form should be included with federal income tax filings if any federal tax is withheld. PERS will report the same information to the IRS for each retiree who is sent a form. The state of Mississippi does not tax retirement income; however, other states may tax retirement income. Retirees living in states where this income is taxed should file the appropriate 1099-R copy with state income tax returns.