Retirement Plan Distribution Tax Reporting Errors

January 24, 2014 at 1:20 pm Leave a comment

It’s that time of year – 1099-R’s! As relevant as last year, I thought this was a good post to share!

Christine Gurney Discusses US Pensions


The Internal Revenue Service (IRS) has posted an interesting article regarding IRS Form 1099-R reporting errors on their website.  Located at, the article mentions that just basic recipient information is frequently incomplete or incorrect such as addresses or identification numbers.  They go on to point out that corrected forms can be completed.  I encourage all retirement plan participants to review their tax forms even if they have already filed their individual returns this year.  I had to request a corrected 1099-R form myself from a former TPA that I had worked for who had neglected to provide accurate information to their return preparer.  There are a lot of low quality administrators out there, and it is important for participants to be aware of the situation and confirm that their information is accurate.  For individuals who choose TPA’s, I suggest picking up a copy of my book at either the…

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Entry filed under: Retirement.

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Christine Gurney

A pension professional who shares her thoughts and ideas about the pension world for industry members and anyone else interested.

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