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Screen 1099R - Pension and Annuity Information (1040)

Per IRS instructions, if
2024
 IRA distributions are fully taxable, leave line 4a blank on Form 1040, and if pension distributions are fully taxable, leave line 5a blank on Form 1040. To print total pension and IRA distribution amounts, if not required, select
Setup
 >
1040 Individual
, select the Other Return Options button, select the Return Presentation tab, and mark the
Print total pension and IRA distributions if not required
 box. This is a global option and applies to all clients.
The following table lists the fields you must complete when you use the General Rule, Simplified Method, or Combined Age. UltraTax CS uses this information to complete the Pension Taxability Worksheets.
Fields to complete
For the General Rule
For Simplified Method
For Combined Age
Gross distribution
Yes
Yes
Yes
Death benefit exclusion
Yes
N/A
N/A
Pension code
Yes
Yes
Yes
Investment/cost in contract
Yes
Yes
Yes
Annuity starting date
N/A
Yes
Yes
Combined ages at annuity starting date
N/A
N/A
Yes
No. of months covered this year if not 12
N/A
Yes
Yes
Amts rec'd tax free post 1986
N/A
Yes
Yes
Expected return
Yes
N/A
N/A
First periodic payment amount
Yes
N/A
N/A
No. of pymts received this year
Yes
N/A
N/A
Investment recovered in past
Yes
N/A
N/A
State-specific instructions
There are some states that tax pensions differently from the federal government. Therefore, if you are processing a return in one of these states, use the
State
 and
State use
 fields (and, in a few cases, the
RR tier 2 benefits
 field on the 1099R screen and the
Averaging method
 field on the 1099R-2) screen in the 1099R screen to identify pensions that are handled differently for state purposes.
If you are processing a state return, enter the state postal code in the
State
 field. You can view a list of available state postal codes by pressing F4 in this field.
Source data entry
The UltraTax CS Source Data Entry utility enables you to enter data on facsimile versions of forms your clients submit for the preparation of their tax returns. Once the facsimile forms are completed, you can export the data to the application and transfer it into your client data files via the data sharing feature.

1099R Facsimile

This field is mandatory.
The city fields for the payer's and payee's addresses contain linked custom fieldviews, which enable you to automatically enter data in the corresponding payer or payee state and ZIP code fields. Select the down arrow for a city field and choose Edit Multi-field Custom Fieldview to open the Custom Fieldview dialog, in which you can enter or select a fieldview item for these linked fields.
Enter a code, if applicable. UltraTax CS displays the foreign country name based upon the code you select.
Enter the name of the foreign province or county. If the taxpayer has a foreign address, enter a period (.) in the
State
 field.
  • For pension distributions: If the payer hasn’t calculated and displayed this information in box 2a, enter the client's pension distribution information in the Pension/Annuity Information section in the 1099R screen for UltraTax CS to calculate this amount.
  • For a traditional IRA distribution: This field should contain the same amount that is entered in the
    Gross distribution
     field.
  • For an early distribution from an IRA, UltraTax CS uses the lesser of the amount in box 2a, or the calculated taxable amount from Form 8606. If box 2a is left blank, no amount will be reported on Form 5329, line 1.
  • For an inherited IRA: Enter the preparer-calculated amount based on basis information.
  • For direct rollovers (distribution code G): This field should be 0 (zero). Refer to the 1099-R instructions for further details.
  • For a recharacterization (distribution code
    N
     or
    R
    ) or a Roth IRA distribution (distribution code
    J
    ,
    Q
    , or
    T
    ): This field should be blank.
  • For a current-year excess contribution, this field should contain the earnings being distributed.
When a postal code is entered in the
State
 field, codes applicable to the state are available in this field. Enter the appropriate code for the type of pension. Press F4 from this field to view a list of codes applicable to the state for which you are processing the return. If the state doesn’t require special codes, a list of codes is not displayed in this field. The available codes are listed in the table that follows.
State
Field
Code
Description
Alabama
State use
2
Use to indicate an IRA distribution that is not fully taxable. Pension income with this code transfers to the Alabama pension taxability worksheet.
Alabama
State use
17
Use to indicate a Keogh distribution that is not fully taxable. Pension income with this code transfers to the Alabama pension taxability worksheet.
Alabama
State use
25
Use to indicate a distribution that your client began receiving after 12/31/86 in which there was a cost/basis. Pension income with this code transfers to Post 12/31/86 sections of the AL pension taxability worksheets.
Alabama
State use
26
Use to indicate a distribution that your client began receiving before 1/1/87 in which there was unrecovered cost. Pension income with this code transfers to the Pre 01/01/87 section of the AL pension taxability worksheets.
Alabama
State use
40
Use to indicate a section 401(k) distribution that is not fully taxable. Pension income with this code transfers to the Alabama pension taxability worksheet.
Alabama
State use
41
Use to indicate a section 403(b) distribution that is not fully taxable. Pension income with this code transfers to the Alabama pension taxability worksheet.
Alabama
State use
50
Use to indicate an SEP distribution that is not fully taxable. Pension income with this code transfers to the Alabama pension taxability worksheet.
Alabama
State use
75
Use to indicate distributions that are not taxable for Alabama. Pension income with this code does not appear on Alabama Form 40.
Arizona
State use
75
Use to indicate U.S. government, Arizona state, or local government pensions. Pension income qualifies for Arizona exclusion (up to $2,500).
Arkansas
State use
10
Use to indicate IRAs and fully taxable annuities. However, don’t use this code if code
8
 is selected in the
Distribution code
 field (box 7, 1099R screen).
Arkansas
State use
24
Use to indicate employer pensions are from a military retirement.
Arkansas
State use
40
Use to indicate employer pensions and qualified IRAs.
California
State use
33
Use to indicate qualifying nontaxable sick pay.
Colorado
State use
22
Use to indicate an early (but not premature) annuity or pension distribution qualifies for exclusion. When using this code, the distribution is used on the Colorado Pension-Annuity Subtraction Worksheet, line d, federal taxable pension or annuities line. The distribution code entered in the federal 1099R screen, box 7 is ignored if "1" or "2" is used.
Colorado
State use
23
Use to indicate an early (but not premature) IRA distribution qualifies for exclusion. When using this code, the distribution is used on the Colorado Pension-Annuity Subtraction Worksheet, line f, federal qualified IRA distributions line. The distribution code entered in the federal 1099R screen, box 7 is ignored if "1" or "2" is used.
Connecticut
State use
24
Use to indicate military retirement. UltraTax CS automatically calculates a 50% exclusion (deduction) for Connecticut.
Connecticut
State use
45
Use to indicate
State Teacher's Retirement
.
Delaware
State use
24
Use to indicate military retirement. UltraTax CS automatically calculates the allowable exclusion.
Delaware
State use
35
Use to indicate a qualifying retirement plan.
District of Columbia
State use
72
Use when a taxpayer under the age of 65 has notified the District of Columbia Office of Tax and Revenue that disability income should be treated as pension income. Box 7 must equal "3" and the pre-retirement age disability field must contain "X." Any disability income using this state code is not included in the total amount of disability payments received in the current year on Form D-2440.
Georgia
State use
45
Use to indicate state teacher's retirement previously taxed.
Georgia
State use
46
Use to indicate retirement withdrawal attributable to law difference 1981-86.
Hawaii
State use
35
Use to indicate qualifying retirement plan.
Idaho
State use
35
Use to indicate qualifying retirement plan.
Illinois
State use
72
Use to indicate retirement benefits that don’t qualify for the retirement subtraction. The full amount is included in Illinois taxable income.
Indiana
State use
24
Use to indicate a military pension.
Indiana
State use
60
Qualifies for Civil Service Annuity deduction on Schedule 2 or Schedule C if the age restriction is met.
Indiana
State use
66
Qualifies for Civil Service Annuity deduction on Schedule 2 or Schedule C regardless of age under the rules for deceased spouse.
Iowa
State use
1
Use when the Iowa Public Employees Retirement System (IPERS) amount is different than the federal amount. A state or local government employee who retired after December 31, 1994 may have taxable pensions and annuities on the Iowa return that are different than on the federal return. In these cases, see Form 1099-R issued by IPERS for the taxable amount. Enter the amount shown in box 12 on Form IPERS 1099.
Iowa
State use
24
Use to indicate qualifying military pension and military survivor benefits. This amount won’t be included on Form IA-1040.
Kansas
State use
12
Use to indicate federal retirement benefits. UltraTax CS automatically calculates the Kansas subtraction for federal retirement benefits.
Kansas
State use
75
Use to indicate pension adjustment. UltraTax CS automatically calculates the Kansas subtraction for Kansas exempt pension plans.
Kentucky
State use
75
Use to indicate pension adjustment.
Louisiana
State use
12
Use to indicate federal retirement.
Louisiana
State use
42
Use to indicate state employee retirement.
Louisiana
State use
45
Use to indicate a state teacher's retirement.
Louisiana
State use
99
Use to indicate other exempt retirement.
Maine
State use
1
Use to indicate taxed MSRS pick-up contributions in the
State taxable amount if different
 field (Box 12). You must also enter
ME
 in the
State
 field. The difference between the federal
Taxable amount
 field (Box 2a) and Box 12 is used to complete the Maine Schedule 1 subtraction for contributions previously taxed.
Maine
State use
24
Use to indicate military retirement.
Maine
State use
34
Use to indicate a military survivor annuity.
Maine
State use
72
Use to indicate retirement benefits not qualified for the pension income deduction.
Maine
State use
74
Use to indicate military retirement received by a licensed dentist who qualifies for a full pension deduction. Any amount of this pension not included in the pension deduction will be deducted on the Schedule 1, other deductions line.
Maryland
State use
15
Use to indicate a firefighter's retirement. Only applies to pension and disability payments for job-related injuries or disabilities.
Maryland
State use
24
Use to indicate military retirement.
Maryland
State use
30
Use to indicate police retirement. Only applies to pension and disability payments for job-related injuries or disabilities.
Maryland
State use
32
Use to indicate Keogh or deferred compensation plan. These distributions are not eligible for the Maryland pension exclusion.
Maryland
State use
36
Use for Maryland Form 502SU Subtractions from Income line v. Up to $15,000 from an employee retirement system that is attributable to services as a public safety employee for a taxpayer who is age 55 or older.
Maryland
State use
40
Use for Maryland Form 502R Retirement Income Part 7 Retired Forest/Park/Wildlife Ranger. Up to $15,000 for taxpayers over 55 but under 65.
Maryland
State use
Note
Massachusetts
State use
1
Use to indicate IRA distributions.
Massachusetts
State use
10
Use to indicate an IRA distribution not subject to recovery of contributions. See 1040-MA user documentation for more information.
Massachusetts
State use
16
Use to indicate Keogh distributions.
Massachusetts
State use
69
Use to indicate nontaxable U.S., state, and local government distributions.
Massachusetts
State use
76
Use to indicate pension income from another state or political subdivision.
Michigan
State use
Blank
Not eligible for subtraction, includes distributions from Section 457 and Section 401k Plans. (Default.)
Michigan
State use
24
Use to indicate a Military Retirement distribution to be reported as a subtraction on Schedule 1, Line 9.
Michigan
State use
36
Use to indicate a Police, Fire, or Corrections retirement distribution that qualifies for the unlimited subtraction on Form MI-Form 4884.
Michigan
State use
78
Use to indicate a private retirement distribution that qualifies for the limited subtraction on Form MI-1040.
Michigan
State use
81
Use to indicate a public retirement distribution that qualifies for the unlimited subtraction on Form MI-1040.
Michigan
State use
99
Use to indicate a Michigan Cities only retirement subtraction
Minnesota
State use
24
Use to indicate military retirement pension or other military retirement pay to be reported as a subtraction on Schedule M1M.
Minnesota
State use
Note
Mississippi
State use
75
Use to indicate pension adjustment.
Missouri
State use
78
Use to indicate private retirement benefits that qualify for deduction.
Missouri
State use
81
Use to indicate public retirement benefits that qualify for deduction.
Missouri
State use
24
Use to indicate military retirement.
Montana
State use
35
Use to indicate the pension amounts that are excludable, subject to maximum limit.
New Jersey
State use
24
Use to indicate nontaxable distribution / retirement.
New Jersey
State use
28
Use to indicate that non-military pension is not taxable.
New York
State use
12
Use to indicate federal retirement.
New York
State use
15
Use to indicate a firefighter's retirement.
New York
State use
21
Use to indicate local government retirement.
New York
State use
24
Use to indicate military retirement.
New York
State use
29
Doesn’t qualify for exclusion.
New York
State use
42
Use to indicate a state employee's retirement.
New York
State use
45
Use to indicate a state teacher's retirement.
New York
State use
51
Use to indicate Long Island Railroad or Manhattan & Bronx Surface Transit Authority retirement.
North Carolina
State use
81
Use to indicate U.S., state, or local government retirement income received by vested retirees. Adjustments for transfers from nonqualifying accounts can be made in the NCAdj screen. This income is deducted in its entirety on the North Carolina return (Bailey settlement retirement benefits).
North Dakota
State use
24
Use to indicate military retirement.
Ohio
State use
3
Use to indicate that the amount is not eligible for survivor deduction.
Ohio
State use
9
Use to indicate that the amount is not eligible for disability deduction.
Ohio
State use
10
Use to indicate the amount qualifies for retirement income credit.
Ohio
State use
11
Use to indicate the amount qualifies for retirement income credit but is not eligible for disability and survivor deduction.
Ohio
State use
24
Use to indicate military retirement.
Ohio
State use
72
Use to indicate a taxable, normal IRA distribution that doesn’t qualify for retirement income credit.
Oklahoma
State use
24
Use to indicate military retirement
Oklahoma
State use
35
Use to indicate qualifying Oklahoma government retirement or federal Civil Service.
Oklahoma
State use
60
Use to indicate a federal Civil Service pension, in lieu of Social Security.
Oklahoma
State use
99
Use to indicate other retirement.
Oregon
State use
60
Use to indicate federal retirement.
Pennsylvania
State use
20
Use to indicate a nontaxable amount.
Pennsylvania
State use
29
Use to indicate a taxable amount.
Pennsylvania
State use
Note
Rhode Island
State use
24
Use to indicate Military Service Pension benefits to be reported as a subtraction on Schedule M, Line 1(v).
South Carolina
State use
24
Use to indicate military retirement.
South Carolina
State use
75
Use to indicate a pension adjustment if the amount is eligible for South Carolina exclusion (part-year residents only).
Utah
State use
24
Use to indicate military retirement distributions that qualify for Utah military retirement deduction as code AJ on Form TC-40A.
Utah
State use
35
Use to indicate retirement distributions that qualify for the Utah retirement deduction.
Virginia
State use
4
Use to indicate qualified death benefit from an annuity contract.
Virginia
State use
24
Use to indicate that income qualifies for the Military retirement subtraction reported as code
60
 on Schedule ADJ.
West Virginia
State use
8
Use to indicate a state and local firefighter's pension.
West Virginia
State use
19
Use to indicate teacher's or public employee's pensions.
West Virginia
State use
24
Use to indicate military retirement.
West Virginia
State use
75
Use to indicate federal retirement.
Wisconsin
State use
12
Use to indicate pensions received from a United States government civilian employee retirement system. This will be an adjustment on Form 1, Page 1, or Form 1NPR, Page 2.
Wisconsin
State use
24
Use to indicate military or uniformed services retirement.
Wisconsin
State use
42
Use to indicate pensions received from Milwaukee city employers and Wisconsin state teachers retirement systems. This will be an adjustment on Form 1, Page 1, or Form 1NPR, Page 2.
If you are processing more than one part-year resident return and need to divide the 1099R income among multiple states, enter each state's information in the Allocation statement using the following fields:
State
,
State Use
,
Gross Distribution
,
Taxable Amount
, and
Capital Gain
.
Except for the state postal code (which is always required), the required data for state processing is based on the type of retirement distribution. The following are examples of data entry for IRA and pension distributions in the Allocation statement.
  • Individual retirement account distributions
    For traditional individual retirement account distributions that have basis, choose the state postal code and gross distribution amount for each state. The taxable percentage calculated on federal Form 8606 is applied to the state gross distribution amounts. If you enter a state taxable amount, this amount is used instead of the calculated amount. For individual retirement accounts with no basis, enter a state gross distribution and a state taxable amount in the fields provided. A taxpayer and spouse AGI IRA Worksheet for Part-Year Residents is available in state products with an AGI worksheet, which summarizes the state taxable amounts.
    For the majority of Roth distributions, enter the state postal code and gross distribution amount and leave the
    Taxable amount
     field blank. Qualified Roth distributions (Code Q) are not taxable. If you enter a state taxable amount, UltraTax CS uses this amount instead of any calculated amount.
  • Pension distributions
    For pension distributions that calculate the taxable amount on the federal Simplified Method Worksheet or the General Rule Worksheet, enter the state postal code and the amount of gross distribution associated with the state in the Allocation statement. The calculated state taxable amount is based on the ratio of state gross distribution to federal gross distribution applied to the federal taxable amount.
    For pension distributions where the federal taxable amount is reported in Box 2a, enter the state postal code, state gross distribution, and state taxable amount in the Allocation statement. The state taxable amount should be proportional to the state gross distribution entered in the allocation statement. For example, if the federal gross distribution is $100,000, the taxable amount is $70,000, and $80,000 of the federal gross distribution is allocated to a state, then 80% of the federal taxable amount ($56,000) should be assigned to the state.
    Enter capital gains distributions in the state allocation when the
    Box 7 Distribution
     field code is
    F, Charitable gift annuity
     and the
    Box 3 Capital gain
     field contains an amount.
State use
After you choose a postal code in the
State
 column, you can use the
State Use
 column to choose the code applicable to the state pension. For more information on state use codes, see
State use
 field information for the 1099R screen.
This field is for electronic filing only.
This field is for electronic filing only.
Enter the amount of capital gains from Form 1099-R, box 3. If the Box 7, Distribution code is
F
, this amount will be reported on Form 8949 as "Form 1099-R Charitable Gift Annuity." If the Box 7, Distribution code is
A
, this amount will be used to complete Part II of Form 4972.
The state and city amounts transfer to federal Schedule A and respective jurisdiction's return, and the federal amount transfers to Form 1040, Page 2.
This field is for electronic filing purposes only. To enter Roth IRA contribution basis to calculate the taxable amount on Form 8606, use the IRA screen.
Per the Form 1099-R and 5498 instructions, box 5, Employee contributions/Designated Roth contributions or insurance premiums, must be completed when box 7, Distribution code, is C – Reportable death benefits under Section 6050Y. UltraTax CS doesn’t make any adjustments for this amount; therefore, make any adjustments deemed necessary to properly report the taxable amount of the distribution.
Enter the amount of net unrealized appreciation from Form 1099-R, box 6. Enter
X
 in the
Include NUA in income
 field in the Form 4972 - Lump-Sum Distributions Tax section in the 1099R-2 screen to have UltraTax CS calculate the amount of net unrealized appreciation to include in taxable income. If there is an amount in the
Capital gain
 field, the portion qualifying for capital gain treatment is also calculated.
Go to the Form 1099-R, Box 7 codes page to use the correct code in this field.
If
X
 is entered in this field, also enter the taxable IRA amount in the
Taxable amount
 field. This field is not necessary for distributions with codes
B
,
J
,
N
,
Q
,
R
,
T
, and
U
.
Enter the current actuarial value attributable to the distribution received in the current year. When distribution code A is used, this amount transfers to the applicable line of Form 4972, Part III. If the distribution is made to more than one person, enter the percentage of the annuity contract attributable to the recipient whose data you are currently entering. In the
%
 field, UltraTax CS automatically calculates the lump-sum distribution tax for multiple recipients. If the distribution is not made to more than one person, leave this field blank.
If the distribution is made to more than one person, enter the percentage of the annuity contract attributable to the recipient whose data you are currently entering.
Enter the percentage received by the taxpayer if this is a total distribution and it is made to more than one person. UltraTax CS automatically calculates the lump-sum distribution tax for multiple recipients on Form 4972. If the distribution is not made to more than one person, leave this field blank.
Enter the total investment in contract if this is the first year of a life annuity from a qualified plan or from a tax-sheltered annuity. UltraTax CS automatically enters this amount in the
Investment / cost in contract
 field in the Pension/Annuity Information section.
Enter the amount of the distribution from a designated Roth account that is allocable to an in-plan Roth rollover (IRR) made within the five year period beginning with the first day of the year in which the rollover was made.
Enter the State ID number, as shown on Form 1099-R, if there is state or local withholding.
Use this field when the Iowa Public Employees Retirement System (IPERS) amount is different than the federal amount. Enter the amount shown on box 12 of Form IPERS 1099. This amount is used as the Iowa pension amount. You must enter
IA
 in the
State
 field and
1
 in the
State use
 field to enter an amount in this field. For Maine returns, enter the Maine taxable amount. You must enter
ME
 in the
State
 field and
1
 in the
State use
 field to enter an amount in this field. The amount entered is subtracted from the federal taxable amount to calculate the Maine pick-up contribution subtraction.
Use this field to enter the Maryland state pick up amount for box 19. Enter
MD
 in the State field and enter
SPU
 in the City code field, and then the corresponding Local distribution field will become available to enter the state pick up amount.
SPU
 is only used on this screen. The lesser of the taxable amount entered in box 2a or the local distribution entered in box 17 is used to determine the state pick up contribution deduction on Form 502SU with code R.
For Ohio school district withholding, enter the four-digit school district code, or press F4 to view a list of taxing school districts. The amount withheld transfers to Schedule A as local withholding and to Ohio Form SD 100 for the school district.
These amounts carry to Schedule A.

Pension/Annuity Information

To have UltraTax CS calculate the taxable amount of the distribution, even if that amount appears on the client's Form 1099-R, enter the requested information in these fields.
Enter
1
 for the General Rule Worksheet calculation or
2
 for the Simplified Method Worksheet calculation.
Enter the amount of the recipient's investment in the contract to determine the monthly exclusion for the Simplified Method, or for the nontaxable portion for the General Rule.
Enter the starting date for annuities beginning after July 1, 1986, for purposes of the Simplified Method calculation.
If the annuity starting date was after 1997 and the payments are for payee's life and that of payee's beneficiary, enter the combined ages of the payee and beneficiary on the annuity starting date.
UltraTax CS calculates this number based on the date of birth entered in the 1040 screen. You can override this number, if desired.
This field is automatically proforma'd each year. This amount is used in the Simplified Method Worksheet.
Enter the total amount the recipient expects to receive from this pension for purposes of the General Rule calculation. IRS Publication 939 explains the calculation of the expected return.
Enter the amount of the first regular periodic payment received for purposes of the General Rule calculation. IRS Publication 939 explains the calculation of the expected return.
Enter the number of payments the client received this year for purposes of the General Rule calculation.
Enter the amount of the investment in the contract recovered in the past for purposes of the General Rule calculation. UltraTax CS uses this amount to determine the nontaxable amount of the distribution. This field is automatically proforma'd each year.
Use the statement attached to this field to elect to recalculate the variable annuity exclusion. All fields must be completed. UltraTax CS automatically prints the tax election with the return. If the return is being filed electronically, the tax election will be included in the electronic file.
If the distribution is a 1035 exchange (that is, if code
6
 is entered in Box 7), don’t enter a rollover amount, as the exchange is already nontaxable and doesn’t qualify for rollover treatment.
Enter the amount of the exclusion from gross income for distributions from eligible government plans used to pay qualified health insurance premiums of an eligible retired public safety officer. Do not enter more than $3,000 total for all Forms 1099-R for the taxpayer. The same limit applies for the spouse. An eligible retired public safety officer is a law enforcement officer, firefighter, chaplain, or member of a rescue squad or ambulance crew who separated from service either by reason of disability or after attainment of normal retirement age. This amount should be included in the
Health ins premiums
 field.
If the client is the beneficiary of a deceased employee's pension and has received a death benefit exclusion, enter the exclusion amount here. The lesser of the amount in this field or $5,000 is used in the calculation of the taxable pension distribution.
Enter
X
 in this field if the pension distribution is from a foreign employer and not reported on Form 1099-R. Form FEC, Foreign Employee Compensation (FEC) Record, will automatically include the pension amounts.
Use this field to report disability pensions as wages if received before reaching the minimum retirement age. If
X
 is entered, along with a distribution code of 3 for disability in the
Distribution code
 field, UltraTax CS reports the taxable amount as wages on Form 1040, Page 2.
Mark this box if this unit of the 1099-R screen is reporting information from a Form RRB-1099-R.
When you enter data from a Form RRB-1099-R, enter the amount in box 3 in field
9b
,
Total employee contributions
. The amount in box 4 is entered in the
First periodic payment
 field in the Pension/Annuity Information section. The amount in box 7 is entered in field
1, Gross distribution
. The amount in box 8 is entered in the Form RRB-1099-R data entry section on the 1099R-2 screen. The amount in box 9 is entered in field
4, Fed W/H
, and the amount in box 12 is entered in the
Health ins premiums
 field. Form RRB-1099-R boxes 5, 6, 10, and 11 are not required for tax preparation. Other data entry may be required in the Pension/Annuity Information section to accurately calculate the taxable distribution.
Enter
X
 if the state application requires this information. Refer to the state instructions for more information.
UltraTax CS includes distributions with codes 1, 2, 4, 5, 6, 7, A, F, J, Q, S, and T, less any rollover amount, on Form 8880, line 4. Enter
X
 in this field if the Form 1099-R distribution is not from an IRA or elective deferral plan and you don’t want it included on Form 8880, line 4. The total amount on line 4 may also be overridden (forced) in the Cr-2 screen
Current year (force)
 field.
Enter
X
 if this Form 1099-R reports a pension distribution that includes a designated housing allowance for a retired member of the clergy. Leave the field
2a
,
Taxable amount
 blank and complete the data entry in the Ministerial Pension with Housing Allowance section on the 1099R-2 screen.
UltraTax CS computes the lesser of the designated housing allowance, the actual housing expense, and the fair rental value of the home, and automatically carry any taxable amount of the distribution to Form 1040, line 4d, as well as lines 5a and 5b of the Clergy Worksheet 1, if required. A statement will print with the return to detail this calculation.
Loss on annuity is calculated when a taxpayer dies on or after the start date of their pension or annuity, and their total recovered cost is less than their investment. Enter
X
 if this annuity is not going to be inherited by someone else, including the spouse. If
X
 is entered, UltraTax CS calculates an unrecovered cost of an annuity for a deduction on Schedule A, line 16.
For a loss on an IRA, enter basis information in the IRA screen and enter
X
 in the
Total distribution received…
 field. The application calculates the loss on the IRA, which could potentially affect the state return. Losses on other types of annuities are not calculated automatically by UltraTax CS. Refer to Rev. Ruling 61-201 for guidance on reporting these losses.
Enter
X
 in this field if Form 1099-R box 7 Distribution code contains code D. This box will be marked automatically if
D
 is selected in the Form 1099-R facsimile box 7 Distribution code.
Enter
X
 in this field if Form 1099-R box 7 Distribution code contains code L. This box will be marked automatically if
L
 is selected in the Form 1099-R facsimile box 7 Distribution code.

Other Information

The field is used for electronic filing, and for completing Form 4852. To complete Form 4852, enter
N
 for non-standard.
Enter an explanation for how the 1099-R amounts were determined, and describe the efforts to obtain Form 1099-R in the statements provided.
If the
Box 7 IRA/SEP/SIMPLE
field contains an
X
, enter the code that identifies the type of IRA received.
This field is applicable for electronically filed returns only.
Use the attached statement to record details about the elections taken for this Form 1099R unit. The statement includes the following fields.
  • Description
    : Enter a brief description of the election taken.
  • Tax Year
    : Enter the tax year the election was taken.
  • Effective Period
    : Enter the election's effective period. Some elections are perpetual, while others only cover the tax year taken.
  • Comments
    : Enter any additional information about the election. For example, enter information about an election that was revoked.
Enter
X
 in this field to delete this unit of the 1099R screen on next year's proforma.
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