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IRS Release Status: FINAL

Sample Excel Import File: (Professional/Enterprise)  1099-R 2020.xlsx 

Sample Excel Import File: (Corporate Suite)  1099-R 2020 Map by Name.xlsx 

What's New for 2020

  • Form is renumbered after Box 11 - 1st year of Roth contribution
  • Distributions for qualified birth and adoption - provides for a distribution of up to $5,000 for a qualified birth or adoption that is exempt from the 10% early distribution tax and that can be repaid. See IRS Instructions below


Import Form Fields:

Field NameSizeType DescriptionNotes
See Form Filer Common Fields Filer fields common to all form types.
See Recipient Common Fields Recipient fields common to all form types.

Box 1 Amount

12AmountBox 1: Gross distribution

Box 2a Amount

12AmountBox 2a: Taxable amount
Box 2b Checkbox 11CheckboxBox 2b: Taxable amount not determinedX / Y / T / 1 = Checked
Box 2b Checkbox 21CheckboxBox 2b: Total distributionX / Y / T / 1 = Checked
Box 3 Amount12AmountBox 3: Capital gain (included in box 2a)
Box 4 Amount12AmountBox 4: Federal income tax withheld
Box 5 Amount12AmountBox 5: Employee contributions/Designated Roth contribution or insurance premiums
Box 6 Amount12AmountBox 6: Net unrealized appreciation in employer's securities
Box 7 Code(s)2TextBox 7: Distribution Code(s)See IRS instructions
Box 7 Checkbox1CheckboxBox 7: IRA / SEP / SIMPLEX / Y / T / 1 = Checked
Box 8 Amount12AmountBox 8: Other
Box 8 Number2NumericBox 8: Other percentage0 - 99

Box 9a Number

2NumericBox 9a: Your percentage of total distribution0 - 99
Box 9b Amount12AmountBox 9b: Total employee contributions
Box 10 Amount12AmountBox 10: Amount allocable to IRR within 5 years
Box 11 Roth Year4NumericBox 11: 1st year of Roth contributionYYYY
Box 12 FATCA Checkbox1CheckboxBox 12: FATCA filing requirementX / Y / T / 1 = Checked
Box 13 Date of payment10TextBox 13: Date of PaymentMM/DD/YYYY or M/D/YYYY
Box 14 Amount12AmountBox 14: State tax withheld
Box 15 ID Number20TextBox 15: State/Payer's state numberGiven by State Department of Revenue
Box 15 State2TextBox 15: State abbreviation codeUse state abbreviation
Box 16 Amount12AmountBox 16: State distribution
Box 17 Amount12AmountBox 17: Local tax withheld
Box 18 Name15TextBox 18: Name of locality
Box 19 Amount12AmountBox 19: Local distribution
Alt Account/PACE40TextAlternate Account/PACE Key(CS Only)
Life of Line/Info40TextLife of Line/Special Info(CS Only)
See Form Common FieldsForm fields common to all form types.

1099-R Form:

 


IRS 1099-R Form:  1099-R 2020 Form

IRS 1099-R Instructions:  1099-R 2020 Instructions

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