Show:
Distributions
1099-R
People
Reminders
Miscellaneous
100
The Distribution Code for a Normal Distribution.
What is 7.
100
The date that 1099R's have to be sent out by.
What is January 31st.
100

Who receives an RMD Letter?

What is clients that are 73 with Qualified policies.

100

When is a 1099-R created for a TSA Loan?

What is when the loan is in default.

100
The CAPSIL screen relates to a 1099R
What is TAXR.
200
The Distribution Code for an Early Withdrawal.
What is 1
200

John has a Non-Qualified SPIA, with monthly payments of $500. His 1099-R he received stated that his taxable distribution was for $6,000 for the year when last years showed $3,000. How could this be?

What is the cost basis was paid out and payments are fully taxable now.

200
Who can you send a 1099-R to over the phone without the client?
What is Agent of Record.
200

If the client takes their 2025 RMD in 2026. This will appear on a corrected 2025 1099R. True or False?

What is false.

200
What can you use to look up a 1099R in Content Navigator?
What is Social Security Number/TIN
300
The Distribution Code for Excess Contributions.
What is 8
300

Why might the client get two 1099-R's?

What is the client moved states during the same year.

300

Who can request for the 1099-R to be faxed to a tax advisor? (NOT AOR)

What is the client.

300

When do SYSW payments process?

What is on the due date overnight.

300
It is ok to put in chat "I don't know why this 1099R is incorrect, can someone tell me why?" True or False?
What is false. If it is not clear what is incorrect, time should be set up with a consultant for review.
400
What is the Distribution Code for a defaulted loan.
What is L
400

What would be a reason to Delete a 1099-R?

What is Partial Transfers or if the client should not have received one


*** Structured Settlements never receive a 1099r***

400

A tax advisor calls in without the client and requests a copy of the client's 1099R, we can fax him a copy. True or False?

What is False

400

The tax deadline in 2026 for 2025 tax filing is?

What is April 15th.

400

Client's can only request 1099R's up to the Tax Deadline of April 15th. True or False?

What is False.

500
The Distribution Code for Death.
What is 4
500

When would a client in Puerto Rico receive a 1099-R?

What is when the client has a Non-Qualified Account, a valid SSN and take a distribution.

500

The POA calls in and requests for us to send the client's 1099R to an alternate address. We can take this request over the phone, True or False?

What is False. The POA can request the 1099-R to be sent to the address on file, but will need to submit a LOI to send to an alternate address. 

500
A client from Puerto Rico with a Qualified policy takes a withdrawal. They will get a 1099R. True or False.
What is false. They will receive a 480.7.
500
What is United of Omaha's Payer Number?
What is 47-0322111.