Department of Employee Trust Funds
February 3, 2015
Some Retirees to Receive Corrected 1099-R Statements
The Department of Employee Trust Funds will issue corrected 1099-R tax documents to approximately 12,600 retired Wisconsin Retirement System members who were under age 59.5 for the entire calendar year of 2014. These members’ original 1099-R tax documents had an incorrect distribution code in box 7. The correct code for box 7 is “2”, to reflect an early distribution.
Affected members will receive a letter from ETF this week and a corrected 1099-R the week of February 9. Use the corrected 1099-R when filing your 2014 income taxes to ensure your taxes are processed correctly.
- If you have already submitted your 2014 tax return, contact your tax preparer or the IRS and/or your local Department of Revenue.
- The only change to your 2014 1099-R document is the corrected distribution code in box 7. All other information remains the same.
For more information, please contact ETF:
- 1-877-533-5020 (toll-free) Monday-Friday, 7 a.m. to 5 p.m., or 608-266-3285.
- To send an email, go to etf.wi.gov and click on “Contact ETF” on the left side of the home page