How Do I Get My Military Retirement 1099?
As a military retiree, you may be wondering how to obtain your military retirement 1099 form. This form is crucial for reporting your military retirement income to the Internal Revenue Service (IRS) and is required for tax purposes. In this article, we will guide you through the process of obtaining your military retirement 1099 and provide you with the necessary information to ensure compliance with tax regulations.
What is a 1099-R?
A 1099-R is a tax form used to report certain types of income, including military retirement pay. The form is issued by the Defense Finance and Accounting Service (DFAS) and is used to report the amount of military retirement pay received by the retiree during the calendar year.
Who Needs a 1099-R?
All military retirees who receive a military pension or annuity are required to receive a 1099-R form. This includes:
- Retirees receiving a military pension or annuity
- Surviving spouses receiving a military survivor benefit annuity
- Dependents receiving a military survivor benefit annuity
How to Get Your Military Retirement 1099
To obtain your military retirement 1099, follow these steps:
- Check Your Mail: The first step is to check your mail for the 1099-R form. The form is typically mailed to retirees by January 31st of each year.
- Contact DFAS: If you do not receive your 1099-R form by February 15th, you can contact the Defense Finance and Accounting Service (DFAS) to request a replacement. You can reach DFAS at 1-800-321-1080 or www.dfas.mil.
- Check Your Online Account: You can also check your online account with DFAS to see if your 1099-R form is available for download. To access your account, visit the DFAS website and follow these steps:
- Click on "My Account" and log in with your username and password
- Click on "Tax Forms" and select "1099-R"
- Follow the prompts to download and print your 1099-R form
Important Dates to Remember
- January 31st: The deadline for DFAS to mail 1099-R forms to retirees
- February 15th: The deadline for DFAS to respond to requests for replacement 1099-R forms
- April 15th: The deadline for filing your tax return with the IRS
What to Do with Your 1099-R
Once you receive your 1099-R form, you will need to report the income on your tax return. Here are some important things to keep in mind:
- Report Your Income: Report the amount of military retirement pay received during the calendar year on your tax return
- Take the Correct Deduction: Take the correct deduction for federal income taxes withheld from your military retirement pay
- Consult a Tax Professional: If you are unsure about how to report your military retirement income or need help with your tax return, consider consulting a tax professional
Frequently Asked Questions
- Q: Why do I need a 1099-R form?
A: You need a 1099-R form to report your military retirement income to the IRS and to ensure compliance with tax regulations. - Q: What if I don’t receive my 1099-R form?
A: If you don’t receive your 1099-R form, you can contact DFAS to request a replacement. - Q: Can I get a copy of my 1099-R form online?
A: Yes, you can check your online account with DFAS to see if your 1099-R form is available for download.
Conclusion
Obtaining your military retirement 1099 form is a crucial step in reporting your income to the IRS and ensuring compliance with tax regulations. By following the steps outlined in this article, you can obtain your 1099-R form and report your military retirement income accurately. Remember to check your mail, contact DFAS if you don’t receive your form, and consult a tax professional if you have any questions or concerns.
