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.