MSRS - 1099 R

Home \| Site Map \| Help \| Contact Us


	Home
	General Information
	Account Online
	Online Forms
	Unclassified Plan
	Eligibility Benefit Calculation Survivor Benefits Investment Options Benefit Options Combined Service Re-Employment Disability Benefit Eligibility Converting to General Plan How to Apply Forms Direct Deposit Address Changes Notification of Death Benefit Increases Preparing to Retire Pre-Retirement Checklist 1099-R Form Tax Information Plan Handbook UNCL Report

Last Updated: 05/27/2009

Home >> Unclassified Plan >> 1099-R Form

1099-R Form

MSRS sends a 1099-R to anyone who has received a benefit during the calendar year. If you are receiving monthly benefits, the 1099-R is mailed in January. If you receive a one-time, lump-sum refund of your contributions, a 1099-R will be mailed soon after your check is sent. This form is necessary to file your federal and state tax returns.

The 1099-R shows the following information:


Box	Information
1.	Gross distribution
2a.	Taxable amount
4.	Federal income tax withheld
7.	Distribution code 1 - Early Distribution, 10% excise tax applies 2 - Early distribution, no excise tax 3 - Disability 4 - Survivor 7 - Annuity
9b.	Unrecovered tax cost
10.	State income tax withheld (Minnesota only)
11.	Payers state number (Minnesota Tax ID)

If you misplace your 1099-R, contact us and we will send you a duplicate.

You can change tax withholdings at any time. To do so, simply contact MSRS and we will make the change. Members receiving a monthly benefit from only one plan administered by MSRS may make tax changes online.

For federal tax information, call the IRS at (800) 829-1040. For state tax information, call the Department of Revenue's Minnesota Taxpayers' Help Line at (651) 296-3781.

Minnesota State Retirement System
60 Empire Drive, Suite 300, St. Paul, MN 55103-3000
Telephone: (651) 296-2761, Toll Free: (800) 657-5757, Fax: (651) 297-5238
E-Mail: info@msrs.us
Please do not include confidential information, such as social security numbers, in email
correspondence with MSRS.
An Equal Opportunity Employer