IRS Form 1099-R

The IRS does not accept a self-printed copy of Copy A of Form 1099-R; file Copy A electronically or on the official red form ordered from the IRS. You can fill out and print the other copies here: Copy 1 for the state, city, or local tax department, Copy B and Copy C for the recipient, and Copy 2 for the recipient's state, city, or local income tax return.

Form 1099-R is a tax document that reports distributions from retirement or profit-sharing plans, any IRAs, annuities, pensions, insurance contracts, and survivor income benefit plans. This form is essential for tracking money withdrawn from these sources, which often has tax implications. Form 1099-R typically includes:

• The total amount distributed to the taxpayer during the year (might be taxable or nontaxable).
• Taxable amount (portion of the total distribution subject to income tax).
• The amount of federal tax withheld from the distribution (similar to withholding on a typical paycheck).
• The type of distribution received (e.g., early distribution, normal distribution, rollover).
• The total employee or insurer contributions and premiums paid over the years (affects the taxable amount).

Individuals who receive a Form 1099-R must report this information on their federal income tax returns. The form helps determine if any part of the distribution is taxable. It’s essential for retirees and others who have received distributions from any retirement-related account during the tax year.