What is IRS tax Form 1099-R?
Form 1099-R is an Internal Revenue Service (IRS) document that reports distributions (withdrawals) from retirement accounts, such as 401(k)s and IRAs.
If you took any distributions, the form will include:
The distribution amount(s)
Whether you had income tax withheld from those distributions
Specific information about the type of distribution
Please note, you will not receive a 1099-R if you took a 401(k) loan (unless the loan was "deemed distributed").
When will I receive tax Form 1099-R?
The Form 1099-R will be mailed to you no later than January 31 of the year after you took the distribution via paper mail.
You will use this form when filing your taxes for that year. This information is also provided to the IRS.
Where to find your Form 1099-R in your dashboard
A PDF version of your Form 1099-R will be available in your retirement dashboard, typically a few weeks after the hard copies have been mailed.
Once available, you will be able to view and download the PDF tax form within your dashboard by following the instructions below.
Click on Documents from the main menu
Access the Tax documents section
Click the download button to view or save your document
This information is not intended to be taken as tax advice. Please contact a tax professional for further information.