Understanding your 1099-R Form

Mailed to you by January 31, 2020

This form lists your 2019 retirement benefit income from KCPSRS. You will need this form to file your income tax return. The 1099-R provides the following information for the 2019 calendar year:

Box 1 Gross distribution (The total amount paid to you by KCPSRS for the calendar year)

Box 2a Taxable amount (The portion of your total benefit received during the calendar year that is taxable income)

Box 4 Federal income tax withheld (The total amount of federal income tax withheld during the calendar year)

Box 5 Employee contributions/Desig. Roth contribs./ins. prem (Difference between box 1 and box 2a.)

Only some retirees will have an amount in this box. If applicable to you, this amount reflects the portion of your contributions made in the past (when retiree was an active member) that were taxed prior to being received by KCPSRS, now excludable from this year’s taxable amount.

Box 7 Distribution code(s) (Code identifying the type of benefit being paid – see chart on the back page of your 1099-R)

Box 12 State tax withheld (The total amount of Missouri income tax withheld during the calendar year)

Box 13 State/Payer’s state no. (The state ID number for KCPSRS)

Contact your tax advisor with any questions about this information.