Instructions For Forms 1099-R And 5498 - Distributions From Pensions, Annuities, Retirement Or Profit-Sharing Plans, Iras, Insurance Contracts, Etc. And Ira Contribution Information - 2016 Page 9


Alternate Payee Under a Qualified Domestic
account for chapter 4 purposes as described in
Regulations section 1.1471-4(d)(2)(iii)(A).
Relations Order (QDRO)
Distributions to an alternate payee who is a spouse or
Account Number
former spouse of the employee under a QDRO are
The account number is required if you have multiple
reportable on Form 1099-R using the name and TIN of the
accounts for a recipient for whom you are filing more than
alternate payee. If the alternate payee under a QDRO is a
one Form 1099-R.
nonspouse, enter the name and TIN of the employee.
However, this rule does not apply to IRAs; see Transfer of
The account number is also required if you check the
an IRA to spouse, earlier.
“FATCA filing requirement” box. See FATCA Filing
Requirement Check Box, earlier.
Nonresident Aliens
Additionally, the IRS encourages you to designate an
If income tax is withheld under section 3405 on any
account number for all Forms 1099-R that you file. See
distribution to a nonresident alien, report the distribution
part L in the 2016 General Instructions for Certain
and withholding on Form 1099-R. Also file Form 945 to
Information Returns.
report the withholding. See the Presumption Rules in part
S of the 2016 General Instructions for Certain
Box 1. Gross Distribution
Information Returns.
Enter the total amount of the distribution before income
tax or other deductions were withheld. Include direct
However, any payments to a nonresident alien from
rollovers, IRA direct payments to accepting employer
any trust under section 401(a), any annuity plan under
plans, premiums paid by a trustee or custodian for the
section 403(a), any annuity, custodial account, or
cost of current life or other insurance protection, including
retirement income account under section 403(b), or any
a recharacterization and a Roth IRA conversion. Also
IRA account under section 408(a) or (b) are subject to
include in this box distributions to plan participants from
withholding under section 1441, unless there is an
governmental section 457(b) plans. However, in the case
exception under a tax treaty. Report the distribution and
of a distribution by a trust representing certificates of
withholding on Form 1042, Annual Withholding Tax
deposit (CDs) redeemed early, report the net amount
Return for U.S. Source Income of Foreign Persons, and
distributed. Also, see Box 6, later.
Form 1042-S, Foreign Person's U.S. Source Income
Subject to Withholding.
Include in this box the value of U.S. Savings Bonds
distributed from a plan. Enter the appropriate taxable
For guidance regarding covered expatriates, see
amount in box 2a. Furnish a statement to the plan
Notice 2009-85, 2009-45 I.R.B. 598, available at
participant showing the value of each bond at the time of
distribution. This will provide him or her with the
Statements to Recipients
information necessary to figure the interest income on
each bond when it is redeemed.
If you are required to file Form 1099-R, you must furnish a
statement to the recipient. For more information about the
Include in box 1 amounts distributed from a qualified
requirement to furnish a statement to each recipient, see
retirement plan for which the recipient elects to pay health
part M in the 2016 General Instructions for Certain
insurance premiums under a cafeteria plan or that are
Information Returns.
paid directly to reimburse medical care expenses incurred
by the recipient (see Rev. Rul. 2003-62 on page 1034 of
Truncating recipient's identification number on
Internal Revenue Bulletin 2003-25 at
payee statements. Pursuant to Treasury Regulations
irbs/irb03-25.pdf). Also include this amount in box 2a.
section 301.6109-4, all filers of Form 1099-R may truncate
a recipient’s identification number (social security number
Include in box 1 charges or payments for qualified
(SSN), individual taxpayer identification number (ITIN),
long-term care insurance contracts under combined
adoption taxpayer identification number (ATIN), or
arrangements. Enter Code W in box 7.
employer identification number (EIN)) on payee
In addition to reporting distributions to beneficiaries of
statements. Truncation is not allowed on any documents
deceased employees, report here any death benefit
the filer files with the IRS. See part J in the 2016 General
payments made by employers that are not made as part
Instructions for Certain Information Returns, for more
of a pension, profit-sharing, or retirement plan. Also enter
these amounts in box 2a; enter Code 4 in box 7.
Do not enter a negative amount in any box on
Do not report accelerated death benefits on Form
Form 1099-R.
1099-R. Report them on Form 1099-LTC,
Long-Term Care and Accelerated
FATCA Filing Requirement Check Box
Death Benefits.
Check the box if you are an FFI reporting a cash value
For section 1035 exchanges that are reportable on
insurance contract or annuity contract that is a U.S.
Form 1099-R, enter the total value of the contract in box 1,
account in a manner similar to that required under section
0 (zero) in box 2a, the total premiums paid in box 5, and
6047(d). See Regulations section 1.1471-4(d)(5)(i)(B) for
Code 6 in box 7.
this election. In addition, check the box if you are a U.S.
payer that is reporting on Form 1099-R as part of
Designated Roth account distributions. If you are
satisfying your requirement to report with respect to a U.S.
making a distribution from a designated Roth account,
Instructions for Forms 1099-R and 5498 (2016)


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