2022 1099-R Forms Going Out Soon

January 3, 2023

We file IRS Form 1099-R by Jan. 31 of the year after a taxable distribution.

Clients who took a distribution in 2022 will receive their IRS Form 1099-R in the mail no later than February 15. We won’t send a 1099-R if the distribution wasn’t taxable, such as for a qualified transfer between financial institutions. Clients who didn’t take a distribution in 2022 will not receive a 1099-R.

You can view and download 2022 tax forms on the Annuity Portal by mid-February. Forms for 2021 and earlier are available on the Annuity Portal now.

We recommend clients review the form for accuracy. They should especially focus on the gross distribution, taxable amount and IRS distribution code. The back of the form provides information about each field.

Have Questions?

Contact our service specialists at 800.247.6888 or send us a message. If corrections are needed, we’ll issue a new 1099-R form.

 

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