BenefitsLink Message Boards > Form 1099-R Reporting for Loans

Full Version: Form 1099-R Reporting for Loans

BenefitsLink Message Boards > Retirement Plans > Distributions and Loans, Other than QDROs

Joseph Corona

Dec 28 2000, 07:13 PM

If a participant terminates employment with an outstanding loan balance and rolls the funds into and IRA, how many 1099-R forms should that participant receive and what are the distribution codes that should be reported on the forms?

If a participant terminates employment with an outstanding loan balance and takes a lump sum distribution, how may 1099-R forms should that participant receive and what are the distribution codes that should be reported on the forms?

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