1099-R 2016

What's New for 2016

FATCA filing requirement check box. A new check box was added to Form 1099-R to identify an FFI or a U.S. payer filing this form to satisfy its chapter 4 reporting requirement.
New early distribution exceptions. Public Laws 114-26 and 114-113 added Federal law enforcement officers, Federal customs and border protection officers, Federal firefighters, air traffic controllers, nuclear materials couriers, members of the United States Capitol Police or Supreme Court Police, and diplomatic security special agents of the Department of State to the definition of qualified public safety employees under 72(t)(10(B)) eligible for an early distribution exception for distributions made after separation from service in or after the year the employee has reached age 50. These changes are effective for distributions made after December 31, 2015.
Extension of tax-free distributions from IRAs for charitable purposes. Public Law 114-113 permanently extends tax-free distributions from IRAs for charitable purposes, for distributions made in tax year 2015 and later. See the TIP, on page 1.

New Fields

Field Name	Size	Type	Description	Notes
See Form Filer Common Fields			Filer fields common to all form types.
See Recipient Common Fields			Recipient fields common to all form types.
FATCA Checkbox	1	Checkbox	FATCA filing requirement	X / Y / T / 1 = Checked
Box 1 Amount	12	Amount	Gross distribution
Box 2a Amount	12	Amount	Taxable amount
Box 2b Checkbox 1	1	Checkbox	Taxable amount not determined	X / Y / T / 1 = Checked
Box 2b Checkbox 2	1	Checkbox	Total distribution	X / Y / T / 1 = Checked
Box 3 Amount	12	Amount	Capital gain (included in box 2a)
Box 4 Amount	12	Amount	Federal income tax withheld
Box 5 Amount	12	Amount	Employee contributions/Designated Roth contribution or insurance premiums
Box 6 Amount	12	Amount	Net unrealized appreciation in employer's securities
Box 7 Code(s)	2	Text	Distribution Code	See IRS instructions
Box 8 Amount	12	Amount	Other
Box 8 Number	2	Numeric	Other percentage	0 - 99
Box 9a Number	2	Numeric	Your percentage of total distribution	0 - 99
Box 9b Amount	12	Amount	Total employee contributions
Box 10 Amount	12	Amount	Amount allocable to IRR within 5yrs
Box 11 Roth Year	4	Numeric	1st year of Roth contribution	YYYY
Box 12 Amount	12	Amount	State tax withheld
Box 13 ID Number	20	Text	State/Payer's state no.	Given by State Department of Revenue
Box 13 State	2	Text	State abbreviation code	Use state abbreviation
Box 14 Amount	12	Amount	State distribution
Box 15 Amount	12	Amount	Local tax withheld
Box 16 Name	15	Text	Name of locality
Box 17 Amount	12	Amount	Local distribution
See Form Common Fields			Form fields common to all form types.

IRS 1099-R Form: 1099-R Form