Box 9b on the 1099-R shows the amount of the employee “contribution” to the retirement plan. In a word, it is the amount of after-tax dollars that the taxpayer contributed to the retirement plan over the years while he/she was employed.

What is Box 5 on CSA 1099r?

To put it simply, Box 1 shows everything we paid to you last year. Of that amount, Box 2a is the taxable portion, and Box 5 is the portion that is not taxable. If you made IMRF member contributions since 1984, the money used to pay those contributions has not been subject to federal income tax.

What is Box 8 1099r?

8—Excess contributions plus earnings/excess deferrals (and/or earnings) taxable in 2021. 9—Cost of current life insurance protection. A—May be eligible for 10-year tax option (see Form 4972).

What do the numbers mean on CSA 1099-R?

Form CSA 1099-R – Civil Service Retirement Benefits -The Office of Personnel Management issues Form CSA 1099- R for annuities paid or Form CSF 1099-R for survivor annuities paid. The CSA-Form 1099-R box numbers reflect the standard numbering on a Form 1099-R. If the taxable amount isn’t calculated in Box 2 the Simplified Method must be used.

What are the two boxes on Form 1099-R?

Box 2b contains two boxes which can be checked which provided information from the payer about the distribution. If the first box is checked, the payer was unable to determine the taxable amount and Box 2a should be blank. If the second box is checked, the distribution was a total distribution and closed out the account.

Which is the simplified form for CSF 1099-R?

Form CSA 1099-R – Civil Service Retirement Benefits -The Office of Personnel Management issues Form CSA 1099-R for annuities paid or Form CSF 1099-R for survivor annuities paid. The CSA-Form 1099-R box numbers reflect the standard numbering on a Form 1099-R. If the taxable amount isn’t calculated in Box 2 the Simplified Method must be used.

Do you have to carry box 5 on CSA 1099?

If Box 5 is the amount of health insurance premiums, (typically only on a CSA 1099-R) you must manually carry the amount to the Schedule A, Itemized Deductions, Medical or Dental Expenses. D-35 Note:Special Provisions and Tax-Favorable Treatment of Retirement Fund Distributions