Friday, January 29, 2016

Practitioner Alert: ERSRI Form 1099-R

The Division of Taxation today issued the following Practitioner Alert:

The Employees' Retirement System of Rhode Island (ERSRI) recently advised its members that the Form 1099-R they initially received in the mail for tax year 2015 inadvertently omitted certain information and should be discarded.

An updated Form 1099-R for tax year 2015, containing all of the necessary information, was mailed January 27, 2016. The correct version of the form includes all of the following: 
  • The federal tax identification number for the Employees’ Retirement System of Rhode Island;
  • State income tax withholding for 2015 (if state income tax withholding was elected);
  • The return mailing address of the Employees’ Retirement System of Rhode Island; and
  • An account number in the bottom right-hand corner of the form.
Members also may view and print the correct version of the Form 1099-R by logging into their account at the ERSRI website, http://www.ersri.org. Those with questions may call the agency at (401) 462-7600.