The Standard is a marketing name for Standard Insurance Company (Portland, Oregon), licensed in all states except New York. Products and availability vary by state and are solely the responsibility of Standard Insurance Company.
2019 Tax Forms Are in the Mail
February 4, 2020
The IRS requires The Standard to file Form 1099-R by January 31 of the year after a taxable distribution. Your clients should receive their 1099-R forms, which report distributions from annuities, no later than the second week in February.
We will not send a 1099-R in two situations:
- If a distribution was a non-taxable event, such as a qualified transfer between financial institutions.
- If the client didn’t take a distribution in 2019.
While we do our best to ensure that the 1099-R 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 1099-R can help clients better understand each field.
Have Questions?
If you have any questions about tax forms, contact our Service Specialists at 800.247.6888 or send us a message. If corrections are needed, we will issue a new 1099-R.
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