1099-R Report

1099-R Report

The 1099-R report can be found under AP> Reports>1099-R Report. It displays the 1099-R’s that will be generated for the selected year.

The report lists all of the distributions from funds with the 1099R box checked on the Fund 2 tab for the selected year with a payee id equal to the designated profile.

The report totals all distributions from the fund to a given profile and display the Fund ID, Fund name, Profile ID, Profile Annual Name, Total Amount, Taxable Percentage and Taxable Amount.

From that report, the user will be able to generate the final 1099-R forms either in printed or e-filing format.

Please be aware that only box 1 and 2a are accommodated at this time.

The top portion of the form is used to narrow down the set of 1099-R forms to issue as well as the source of 1099-R adjustments (if any).

The bottom portion of the form is used to specify the entity issuing the report to the recipient of the created form.

Once the report is generated and displayed, you will be able to click the 1099-R Forms link on the top strip and further select Preview or Print to preview or print the individual 1099-R reports.