Processing 1099-Rs

This chapter describes how to report 1099-R pension payments.

The steps for processing 1099-R forms are:

Set up the year-end parameters on Year End Parameters (PR27) by company and/or reporting entity for the reporting/payroll year.
Run 1099-R Reporting (PR253) reports to balance to year-end totals.
- Run a Negative Wages report and correct any errors found.
Run test files and correct any errors found for:
- Run 1099-R Form Reporting (PR250).
- Run 1099-R File Creation (PR251).
Run 1099-R Form Reporting (PR250) to create the forms output file.
Provide output file to third party for printing.
Run 1099-R File Creation (PR251) to create files for federal and state reporting as applicable.

For additional information on processing 1099-Rs, you can refer to the appropriate government publication listed below:

Refer to specific state specs for specific state specifications.