The following Guide To Your SERS-Issued 1099-R Tax Form provides information about the taxes on SERS retirement payments, details about how to read your SERS-Issued 1099-R, and answers to frequently asked questions regarding the form.
You can review the new guide starting below, or you can review the Guide To Your 2012 SERS-Issued 1099-R Tax Form (1.69 MB pdf) as an Adobe Acrobat document.
Commonwealth of Pennsylvania
State Employees' Retirement System
Guide to Your 2012 SERS-Issued 1099-R Tax Form
This guide is provided to you as a recipient of benefits from SERS in 2012, either as an Annuitant, Alternate Payee, Survivor Annuitant or Beneficiary. It provides general information on the taxation of retirement benefits. Refer to it for filing the enclosed copy of Internal Revenue Service (IRS) Form 1099-R with your Federal Income Tax returns and, when required, with your state and local income tax returns.
Additional information is shown on the reverse side of your Form 1099-R.
For general information about your rights and benefits in SERS, you or your professional tax advisor may contact your SERS Regional Retirement Counseling Center at 1-800-633-5461.
For advice on taxes or estate planning, SERS urges you to contact the IRS or a professional financial or tax advisor.
Each year SERS calculates your total benefit received from the Fund "gross distribution" and provides this and other information to you on Form 1099-R. We also report this information to the Internal Revenue Service (IRS).
If you withdrew all or a portion of your Accumulated Deductions or received a pension benefit from SERS in 2012, you will receive at least one Form 1099-R. Depending on the retirement option selected and possible rollover of your account to an IRA or other qualified plan, you may receive several different Form 1099-Rs. You must report all the distributions on your Federal Income Tax return, and if you do not live in Pennsylvania, you may be required to file copies with your state and local income tax returns, as well.
SERS • 30 N 3rd St, Suite 150 • Harrisburg, PA 17101-1716 • 1-800-633-5461
Links to other sections of this guide:
Taxes on SERS Retirement Payments
How to Read Your 1099-R
SERS and IRS Contact Information
Frequently Asked Questions Regarding Your SERS-Issued 1099-R
Duplicates of Form 1099-R