Thread: 1099

From what?

Originally Posted by KevinD

From what?

From the TSP - for those who made a withdrawal or had annuity payments during the year.

1099-s are available if you log in and look on the bottom and click on the IRS Form 1099-R (link).
At least that's what is says....I don't have one so it says:

You currently do not have any 1099-R's available for viewing on-line.

Originally Posted by kdickon

Has anyone received their 1099 yet for 2009? I know they say they'll send them out by 1-31...just wondering if anyone had theirs sooner..Thanks!

-they just now got the Quarterlies sent out -

Its not online yet...guess it will be on the 31st...I'll have to be patient!

I took a loan in Feb 09 and never received any 1099. I called TSP today and they told me it's not a taxable distribution and I don't have to report it to the IRS. Is this true?

You can't be taxed on your own money when taken as a loan as long as you make an effort to repay yourself. But don't worry BHO will likely sniff this out for taxes.

Originally Posted by Birchtree

You can't be taxed on your own money when taken as a loan as long as you make an effort to repay yourself. But don't worry BHO will likely sniff this out for taxes.

Don't worry about BHO, Birch, the sniffing can only be done by the Legislature. Right now they are busy doing the pose dance at one another and voting according to groupthink, and leaving their brains at home. The problem will come if one groupthink side decides everyone vote for this tax. We pay them too much for them to leave their brains at home, but they are doing it anyway.