Instructions for 1099-R - Form 1099-R
Form 5498 and Form 5498 Instructions
Overview 1099-R
In general, it deals with distributions from pensions, annuities, retirement or profit sharing plans, IRA's, Insurance contracts, etc.
You can download the Instructions for the 1099-R and 5498 form.
It is a single 20 page pdf. file for both forms.
The instructions for the 1099-R are 14 pages long, and the Instructions for Form 5498 starts at page 15 and runs through page 19.
Download Form 1099-R. (Not for filing)
Download Form 5498. (Not for filing)
The 1099-R and 5498 forms are not too involved.
The sections to fill out on the 1099-R form are:
- Payer's/Trustee's - Name, address, city, state etc. and telephone number
- Payer's Federal Identification Number
- Recipients Identification number
- Recipients name, address, Apt #, city, state, zip
- Gross distribution
- 2a - Taxable amount - 2b Taxable amount not determined - Total distribution
- Capital gain (included in box 2a)
- Federal Income Tax withheld
- Employee contributions/Designated Roth contributions or insurance premiums
- Net unrealized appreciation in employers securities
- Distribution code(s) - IRA /SEP / Simple
- Other
- 9a - Your percentage of total distribution - 9b Total employee contributions
- Amount allocable to IRR within 5 years
- 1st year of desig. Roth contrib.
- State tax withheld
- State payer's State number
- State distribution
- Local Tax withheld
- Name of locality
- Local distribution
Form 5498 IRA contribution Information
The sections to fill out on the Form 5498 are:
- Trustee's or Issuers name, street address, city, state, and Zip
- Trustee's or Issuers federal ID number
- Participant's social security number
- Participants name, street address, Apt #, city, state, and zip
- Blank
- Account number (see instructions)
- IRA contributions (other than amounts in boxes 2-4, 8-10, 13a, and 14a)
- Rollover contributions
- Roth IRA conversion amount
- Re characterized contributions
- Fair market value of account
- Life insurance cost included in Box 1
- Tick boxes IRS - SEP - SIMPLE - ROTH IRA
- SEP contributions
- SIMPLE contributions
- Roth IRA contributions
- IF checked required minimum contribution for (year)
- 12 a RMD date - 12b Year - 12c - Code
- 13a Postponed contribution - 13b Year - 13c Code
- 14a Repayments - 14b Code
You can avoid the paper problems and use
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