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I cashed out a small accounts IRA in 2016 for roughly $2200 to pay off some student loan debt. Where/how do I best report this on my tax forms? Thank you.

Forum|Forum|7 years ago
June 3, 2019
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Should I receive a 1099S or similar form from the financial institution that held my IRA account?

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Best answer by AnnetteB6

Yes, you should have received a Form 1099-R for each distribution from an IRA.

You should contact the financial company holding the IRA accounts for a copy of the Form 1099-R so that you can include it with your 2016 return if the distributions were done in 2016.

A

AnnetteB6Answer

Yes, you should have received a Form 1099-R for each distribution from an IRA.

You should contact the financial company holding the IRA accounts for a copy of the Form 1099-R so that you can include it with your 2016 return if the distributions were done in 2016.

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