Where to Enter the 1099R Information on an Income Tax Form?

Line 15

IRS 1099R forms are considered income on the federal tax return. This income is added to the return before any deductions or credits are applied and used to help determine your adjusted gross income. 1099R forms are entered on lines 15a, 15b, 16a and 16b. Line 15a is for IRA distributions and taxable amounts. The IRS considers IRA payments to include traditional IRAs, Roth IRAs, simplified employee pension IRA (SEP IRA) and saving incentive match plans for employees (Simple IRAs).

IRAs that have been rolled over qualify for IRS exceptions. These exceptions apply if you rolled your IRA to another IRA of the same type or your rolled a SEP IRA or Simple IRA to over to a traditional IRA. The exception also applies if you received an IRA distribution, other than a Roth IRA, and used the distribution to make nondeductible contributions to your traditional or SEP IRA or if your received Roth IRA distributions. Exceptions also apply if you have converted part or all of a traditional, SEP or Simple IRA to a Roth IRA, had IRA contributions returned to you, re-characterized your IRA contributions or had distributions qualified as charitable distributions. Qualified charitable deductions are deductions that have been removed from your IRA and sent directly to an organization that is eligible to receive tax deductible contributions by the trustee of the IRA.

Lines 16a and 16b are reserved for pensions and annuities. Before you make entries on Line 16 for these pensions and annuities, you must determine if your payments are fully taxable or partially taxable. If you did not contribute to the cost of your pension or annuity or you received your entire contribution costs back tax free before the end of the year, your pensions and annuities are fully taxable. These fully taxable payments include military retirement pay and disability payments. Retired public safety works can choose to exclude taxing distributions that have been used to pay premiums on accident, health or long term care insurance. This can only be applied if you retired due to reaching retirement age or retired due to disability. Qualifying payments must be sent directly from the pension or annuity to the insurance provider.

Do not include distributions on Line 16 that generate from disability pensions received before meeting your employer's retirement age or are corrective distributions or earnings. Exceptions and special rules apply to disaster area victims. If you have received a distribution and your home was involved in a government-declared disaster, you must see the special instructions for details

Your entries for your 1099R should meet the requirements of your distributions and IRS guidelines. You can have entries in both Line 15 and Line 16, simultaneously. If your 1099R forms report any federal tax withheld, you must include a copy of the form with your tax return.Review IRS Publication 17 or IRS 1040 Instructions for details.