Understanding Your 1099-R Tax Form
This form reports the amount of income you received during the tax year. You need it to complete your federal and state tax returns. 1099-R tax forms are mailed by the end of January each year.
This is the total dollar amount of the benefits you received before any deductions were taken.
This shows the amount of your benefits that are taxable, or what you need to report as CalPERS income on your tax return.
A Not Determined taxability indicator is present if benefit payments started July 2, 1986, through December 31, 1986, when federal and state law were using two different methods for determining the taxability of benefits.
An "X" indicates the recipient received the entire amount of the death benefit lump sum distribution.
This amount represents the portion of a taxable death benefit lump sum distribution that is subject to capital gains treatment.
This is the amount of federal withholding that was deducted. Use this amount on your federal tax return.
This is the amount of after-tax contributions that the IRS allows you to receive as tax free.
This code indicates the type of benefit being reported to IRS:
1 - Partial service retirement distribution being paid to a member who is under age 59 1/2 on December 31 of the tax year being reported
2 - Service retirement or preretirement death benefit distribution being paid to a member who is under 59 1/2 on December 31 of the tax year being reported.
3 - Disability retirement distribution.
4 - Indicates the amount reported is a death benefit lump sum distribution made to a decedent's beneficiary or survivor, including their trust or estate
4a - Indicates the amount reported is a death benefit lump sum distribution which may be eligible for the 10-year tax option method of computing the tax
4b - Indicates the amount reported is a death benefit lump sum distribution which may be subject to the death benefit exclusion
Note: The death benefit exclusion was repealed for death dates after August 20, 1996.
4c - Indicates the amount reported is a death benefit lump sum distribution which may be eligible for taxability provisions under distribution codes 4a and 4b
4g - Indicates the amount reported is a death benefit distribution which was a direct rollover distribution to a tax-sheltered annuity or an IRA
7 - Normal distribution
This indicates what percentage of the entire benefit you received when a death benefit lump sum distribution is paid to more than one beneficiary. CalPERS cannot divulge the names of any other beneficiaries who may have received a portion of the benefit.
If you received the entire distribution, there will be an "X" in Box 2b.
This is the amount of California state withholding that was deducted. Use this amount on your state tax return.
This is the mailing address that CalPERS currently has for you. To ensure the integrity of the personal information contained in your tax form, CalPERS will apply the ancillary endorsement Return Service Request. If your address is not current or the mail is denied, it will be returned to CalPERS. Contact Us to resend a duplicate form to your corrected mailing address. If you would like to verify your address on record with CalPERS, you can log in to my|CalPERS. If you don’t have an account yet, just follow the steps to register first.
If present, this represents a unique account number provided to IRS for processing purposes.