Configure the Form 1099-R
Before you can generate your retiree Form 1099-Rs, you must provide them with correct and complete info.
Consider the following.
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How you configure your organizations
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How you generate Form 1099-R for your retirees
For further info, see Oracle Cloud Human Capital Management for the United States: Retiree Implementation and Use Guide (2461709.1) on My Oracle Support.
How You Configure Organizations for Year End
Make sure you configure your organizations correctly.
Consider the following.
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Have you configured your federal and state registrations?
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Have you defined tax reporting units (TRUs) specific to retirees?
How You Configure Federal and State Registrations
Use the Manage Legal Reporting Unit Registrations task to make sure you populated the following fields for each TRU.
This jurisdiction |
Uses this field name |
This is how it's used |
---|---|---|
United States Federal Tax |
EIN or TIN |
Your federal employer identification number (EIN) |
United States Federal Tax |
Registered Name |
Your employer name |
United States Federal Tax |
Registered Address |
Your employer address |
<state> Income Tax |
Registration Number |
Your employer state EIN |
How You Define Tax Reporting Units for Retirees
You can't assign retirees and employees to the same TRU. Each 1099-R distribution code and code combination your retirees require must have a separate TRU.
For further info, see Define Tax Reporting Units for the US.
How You Generate Form 1099-R for Your Retirees
To generate and print the year-end tax forms for your Retiree 1099-R recipients, you must use a third-party provider. The Third-Party Quarterly Tax Filing Extract for Retirees flow creates all relevant data needed for 1099-R production.
For further info, see Oracle Cloud Human Capital Management for the United States: Third-Party Tax Filing Interface (1594079.1) on My Oracle Support.