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June 4, 2019
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I haven't received a 1099R. Cashed out my 401K. Where does this go?

  • June 4, 2019
  • 1 reply
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Best answer by KittyM

Please contact the custodian of your 401(k) and inquire about your 1099-R.  It may have been delayed or misdirected.  

By law, you must have the 1099-R in hand to file your return.  The IRS receives a copy of your 1099-R and will compare it with the entry on your return.  If they do not match, you will receive a letter from the IRS, possibly with a bill for underpaid taxes, penalties and interest.

1 reply

KittyMAnswer
Employee
June 4, 2019

Please contact the custodian of your 401(k) and inquire about your 1099-R.  It may have been delayed or misdirected.  

By law, you must have the 1099-R in hand to file your return.  The IRS receives a copy of your 1099-R and will compare it with the entry on your return.  If they do not match, you will receive a letter from the IRS, possibly with a bill for underpaid taxes, penalties and interest.