1099-R

What is Form 1099-R?

Form 1099-R reports distributions from pensions, profit-sharing and retirement plans, IRAs, annuities, and insurance contracts.

Taxpayers use Form 1099-R to report gross and taxable distribution amounts, federal income tax withholding, and distribution codes that indicate the type of distribution.

Who needs to file Form 1099-R?

• Financial institutions, plan administrators, and insurance companies that make distributions of $10 or more from qualified retirement plans, IRAs, 403(b) plans, governmental 457(b) plans, or annuity and insurance contracts.
• Payers that withhold federal income tax from any distribution, regardless of the dollar amount, must also file Form 1099-R.

What's New for Tax Year 2026

Form 1099-R clarifies coding for early distributions, Roth conversions, and qualified disaster distributions.

New indicator boxes distinguish distributions from IRAs, SEP IRAs, SIMPLE IRAs, and newly designated Trump Accounts to support updated retirement tax rules.