flogger
Jan 27 2004, 12:36 PM
Does anyone know how to handle the 1099R's for those benefits sent to the PBGC on behalf of lost-unlocatable participants?
Effen
Jan 27 2004, 12:53 PM
I have always ignore them.... but I doubt that is technically correct.
If you prepared the 1099, what would you do with it, since by definition, these are people you can't find?
Mike Preston
Jan 27 2004, 01:33 PM
I think it is correct to ignore them. Hardly seems fair to provide somebody with a 1099 when they haven't received the money.