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Publication 1281 Form

Publication 1281 Form

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Instructions and help about Publication 1281

IRS form 1099r which is the tax form that reports distributions from pensions annuities retirement plans profit sharing plans IRAs insurance contracts among other things so most taxpayers will not need to complete this form however you may receive one or more of these forms that you're going to need certain information from uh so that you can report it properly on your income tax return so uh if you look at the form instructions you'll see that they're on the same page as the instructions for IRS form 5498 so I'll briefly explain that relationship so for a 1099r uh the way I think of it is that it reports money coming out of an account so if you receive a form 1099r for your Ira that means you had money coming out of your IRA it might not be a taxable distribution there might be a reason that it's taxfree it might be penalty-free uh but it's money that's coming out uh if you receive an IRS form 5498 uh for your IRA usually uh then

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