2018 Tax Forms Are in the Mail

January 29, 2019
2018 Tax Forms Are in the Mail

The IRS requires The Standard file Form 1099R by Jan. 31 of the year after a taxable distribution. Your clients should receive their 1099R no later than the second week in February.

We will not generate a 1099R in two situations:

  • If a distribution was a non-taxable event, such as a qualified transfer between financial institutions
  • If your client didn’t take a distribution in 2018

While we do our best to ensure that the 1099R is correct, your clients should review the form for accuracy. We suggest checking the gross distribution, taxable amount and IRS distribution code. The information on the back of form 1099R can help clients better understand each field.

If you have any questions about tax forms, please contact our Service Specialists at 800.247.6888 or send us a message. If corrections are needed, we will issue a new 1099R form to your client.

 

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