IRS Form 1099-R correction: We discovered an error reflected on Form 1099-R tax statements recently sent to clients. The number identifiers for State and Local information incorrectly referenced boxes 12-17 (they should have referenced boxes 14-19). Please note that the State and Local descriptions and amounts on your IRS Form 1099-R are accurate and can be used to file 2020 tax returns.
We will mail a revised IRS Form 1099-R with corrected State and Local box number identifiers to all clients no later than February 19, 2021. The revised form will also be available online by registering or logging in to your account and going to Current Statements. Online statements are not available for some clients. We regret this error and apologize for any inconvenience it may cause.