What is form 1099R (also written as 1099-R form or 10-99 R form)?

1099-R is a tax form used to report distributions from annuities, profit-sharing plans, retirement plans; 403(b) plans IRAs, insurance contracts and pensions. Box 1 (Gross distribution) shows the gross amount distributed to the recipient during the tax year, box 2a (Taxable amount) shows the taxable amount, box 4 (Federal income tax withheld) shows any federal income tax withheld and box 12 (State tax withheld) shows any state tax withheld. Businesses use 1099-R software to report amounts, print 1099-R forms or file electronically.



 1099-R Deadline

2011 1099-R:  Businesses are required to send Copies B, C, and 2 of 1099R form to the recipient by Tuesday January 31, 2012.

2012 1099-R:  Businesses are required to send Copies B, C, and 2 of 1099R form to the recipient by Thursday January 31, 2013.

2013 1099-R:  Businesses are required to send Copies B, C, and 2 of 1099R form to the recipient by Friday January 31, 2014.


Where to get 1099-R forms? 1099R forms where to buy?

You can buy 1099-R forms online from places like http://www.realtaxtools.com/ , http://www.formsmall.com/ , Staples, OfficeMax and Office Depot.


1099-R Copies to send to recipient  | 1099-R Copy A for IRS

Copy A : For Payer to file with IRS
Copy B : For Recipient to file with their Federal Tax Return
Copy C/State : For Recipient's Records and/or State, Ctiy or Local Tax Department
Copy D : Copy D for Payer and/or State, City or Local Tax Department

Does QuickBooks  print 1099R? Can you print 1099r from QuickBooks?

Intuit QuickBooks  does not support 1099-R forms, however you can use W2 Mate software to import data from QuickBooks and map it to 1099R. Once the data is imported it can be printed or E-Filed.

1099 R Electronic Filing 

To file 1099 R electronically, you must have 1099 software that generates a file according to the specifications in Pub. 1220, Specifications for Filing Forms 1097, 1098, 1099, 3921, 3922, 5498, 8935, and W-2G Electronically. IRS does not provide a fill-in 1099-R form option. Sage Peachtree also does not support 1099-R forms, W2 Mate can import data from PT and print it to 1099R.