Description
Gain a better understanding of how to accurately execute Form 1099R and handle all of the situations that can arise.The form 1099R is a very complicated form used to report a lot of different transactions regarding Pensions, Annuities, Retirement Plans, IRAs, and Insurance Contracts. The bulk of these forms are prepared by large investment or insurance providers and recordkeepers using sophisticated software. This program is not designed for them. This program is designed to help businesses, accountants, bookkeepers, and tax advisors understand and review these forms to ensure information is correctly reported and to correctly report information from 1099R on income tax returns. In addition to understanding how the most common distributions are reported, we will review the codes used on the form 1099R and explore how some of the more complicated distributions flow from the 1099R to the income tax return.
Date: 2024-01-16 Start Time: End Time:
Learning Objectives