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FutureVault
TAX FORMS, US

Form 1099-R
Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc.

Reports distributions from retirement plans, IRAs, annuities and certain insurance contracts, along with any federal tax withheld.

What it is

The Form 1099-R, explained.

Reports distributions from retirement plans, IRAs, annuities and certain insurance contracts, along with any federal tax withheld.

Key fields

What Intelligent Document Processing extracts

Recipient name and TINGross distributionTaxable amountDistribution codeFederal tax withheldIRA/SEP/SIMPLE indicator
How IDP works
With FutureVault

How FutureVault handles the Form 1099-R.

Delivered at scaleBulk-deliver every Form 1099-R to the right client or partner firm vault, with a delivery record for each file.
Extracted on arrivalIntelligent Document Processing reads each Form 1099-R and captures its key fields, ready for your systems.
Corrections on recordAmended slips replace the originals in the vault, with both versions kept on record.
Related documents
Form 5498IRA Contribution InformationConsolidated Form 1099Composite tax statement
Where it fits
Tax season deliveryBulk Document DistributionIntelligent Document Processing
FAQ

Form 1099-R questions, answered.

When is the Form 1099-R due?

By January 31. If a deadline falls on a weekend or public holiday, it moves to the next business day.

Can FutureVault extract data from the Form 1099-R?

Yes. Intelligent Document Processing reads the Form 1099-R and captures fields such as recipient name and tin, gross distribution, taxable amount, with a confidence score on every field and human review for anything uncertain.

How does FutureVault handle the Form 1099-R?

Bulk-deliver every form 1099-R to the right client or partner firm vault, with a delivery record for each file. Intelligent Document Processing reads each Form 1099-R and captures its key fields, ready for your systems.

Every Form 1099-R, in the right vault.
Automatically.

See how FutureVault delivers, collects and understands the documents your firm works with.

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