The Form 1099-R is used for reporting the various distributions related to retirement benefits, including annuities, pensions, IRAs, profit-sharing, retirement plans, and insurance contracts. In addition, the Form 1099-R is often used for private and public pension plans which aren't included in the Civil Service System.
Recipient Copy Deadline
Paper Filing Deadline
An extension for Form 1099-R can be received by filing Form 8809. Form 8809 offers a 30-day automatic extension and can be filed online with ExpressTaxFilings. Within few minutes, ExpressTaxFilings can have your 1099-R filing extension done.Learn More
Your penalty is based on when you file the complete and corrected return.
If your Form 1099-R is rejected, file a new form as soon as possible with ExpressTaxFilings. If your error is payee information, file a corrected form with the IRS and mail a new copy to the payee. If the error is the payer name or TIN, write a letter containing your name, address, error type, tax year, TIN, TCC, return type, payee number, filing method, and federal income tax withheld to the IRS.
Depending on your state requirements file the Form 1099-R with the applicable state department. If the state is apart of the Combined Federal/State Filing, then the IRS will forward the original and corrected forms to the state free of charge.