Form 1099-R - Distributions from Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc.
What's New for 2011?
Filers of Form 1099-R
must show the recipient’s full identifying number on all copies of the
form.
Boxes 10 through 15 have been renumbered as
boxes 12 through 17, respectively. The blank box formerly to the left of
former box 10 has been renumbered and labeled “10 Amount
allocable to IRR within 5 years” and a dollar sign ($) has been added. The box “1st year of design. Roth contrib.”
has been numbered 11.
Information regarding identifying and reporting
prohibited transactions relating to an IRA has been added to the form
instructions.
Instructions for reporting excess employer
contributions (plus earnings on them) returned to an employer have been
added to Distributions under Employee
Plans Compliance Resolution System (EPCRS) in the form instructions.
Instructions for reporting in-plan Roth
rollovers that are direct rollovers have been added to the form
instructions. Also, for more information on in-plan Roth rollovers, see Notice 2010-84.
Instructions for reporting distributions from a
designated Roth account allocable to an in-plan Roth rollover have been
added to the form instructions.
Distribution Code B has been reworded for
reporting all distributions from designated Roth accounts.
Distribution Code D has been eliminated. See
Distribution Codes 8 and P.
What to Report on Form 1099-R
Distributions
from retirement or profit-sharing plans, any IRA, insurance contracts, and
IRA recharacterizations.
Due Dates for Form 1099-R
To Internal Revenue Service
Paper: February 28
E-File: March 31
To State Agency
State Filing Deadlines
To Recipient
January 31
* If date shown falls on a Saturday, Sunday or legal
holiday, the due date is the next business day.
Where To File Federal - Paper
If your principal business, office or agency, or legal
residence in the case of an individual, is located in:
Alabama, Arizona, Arkansas, Connecticut, Delaware, Florida,
Georgia, Kentucky, Louisiana, Maine, Massachusetts, Mississippi, New
Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio,
Pennsylvania, Rhode Island, Texas, Vermont, Virginia, West Virginia
Filing Address:
Department of the Treasury
Internal Revenue Service Center
Austin, TX 73301
If your principal business, office or agency, or legal
residence in the case of an individual, is located in:
Alaska, California, Colorado, District of Columbia, Hawaii,
Idaho, Illinois, Indiana, Iowa, Kansas, Maryland, Michigan, Minnesota,
Missouri, Montana, Nebraska, Nevada, North Dakota, Oklahoma, Oregon, South
Carolina, South Dakota, Tennessee, Utah, Washington, Wisconsin, Wyoming
Filing Address:
Department of the Treasury
Internal Revenue Service Center
Kansas City, MO 64999
International: If your legal residence
or principal place of business or principal office or agency is outside the
United States, use the Austin, TX filing address.
Where To File Federal - E-file
WinFiler http://www.greatland.com/www.winfiler.com
SpeedEFiler.com
Federal Filing Requirements for Form
1099-R
Copy A - For Internal Revenue
Service Center
Copy 1 - For Payer's Records or
State, City or Local Tax Department (see State Filing Requirement below)
Copy B - Report this income on
your federal tax return. If this form shows federal income tax withheld in
box 4, attach this copy to your return.
Copy C - For Recipient's Records
Copy 2 - File this copy with your
state, city, or local income tax return, when required (see State Filing
Requirement below)
Copy D - For Payer
State Filing Requirements for Form 1099-R
Varies for filing per state.
6 Part Format
Alabama, Arizona, Arkansas, California, Colorado,
Connecticut, Delaware, District of Columbia, Georgia, Hawaii, Idaho,
Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland,
Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana,
Nebraska, New Jersey, New Mexico, New York, North Carolina, North Dakota,
Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Utah,
Vermont, Virginia, West Virginia, Wisconsin
4 Part Format
Alaska, Florida, Nevada, New Hampshire, South Dakota,
Tennessee, Texas, Washington, Wyoming
Federal E-Filing Requirements for Form
1099-R
Any person, including
a corporation, partnership, individual, estate, and trust, who is required to file 250 or more information returns must
file such returns electronically. The 250 or more requirement applies
separately for each type of return and separately to each type of corrected
return. For example, if you must file 100 Forms 1099-B and 300 Forms 1099-INT, Forms 1099-B need not be filed
electronically since they do not meet the threshold of 250. However, Forms 1099-INT must be filed
electronically since they meet the threshold of 250.
Federal Transmittal Form Requirements for
Form 1099-R
Paper: Form 1096
E-file: None Required
IRS Specific Instructions for Form 1099-R
IRS General Instructions for Form 1099-R
Order 1099-R Forms > |
View all 1099 Forms > |
