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Form Rrb 1099 Sample

Form Rrb 1099 Sample

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[Music] Did you receive or expect to receive a  form 1099-r in the mail? Well if so you might   have more than a few questions about it and here  to talk with us about it is Dana Anspach from   Sensible Money. Dana welcome. Thanks Bob. So what  is it that people need to know about form 1099-r,   especially as it pertains to last year? Great  question. So a 1099-r is the form that you   get from your brokerage firm or custodian for  distributions that come from retirement accounts.   So if you took a withdrawal from an IRA or a  401k even pensions issued 1099 rs and so what   you have to be aware of is all of the income or  distribution amount that's reported on that 1099   might not be taxable so those are some of the  biggest mistakes that I've seen is someone just   reports the full amount reported on their 1099-r  as an IRA taxable distribution, when a portion of   it was not going to be taxable and particularly  this year because of some of the things 

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