Does a 1099-R force a paper 1040 filing?

[AlbanyConsultant]

I've got a participant's CPA who is saying that because we haven't electroncially filed the 1099-Rs yet, if his client electronically files their 1040 it will bounce because there is no 1099-R at the IRS to match it up to.  I don't think I've ever heard of this before - is this is thing?  Thanks.

[Bird]

I've heard something like that before.  What does he expect you to do about it...?

[My 2 cents]

32 minutes ago, Bird said:

I've heard something like that before.  What does he expect you to do about it...?

My guess is that they expect you to electronically file the 1099-Rs posthaste.  Why haven't they been filed yet?

[RatherBeGolfing]

1 hour ago, AlbanyConsultant said:

I've got a participant's CPA who is saying that because we haven't electroncially filed the 1099-Rs yet, if his client electronically files their 1040 it will bounce because there is no 1099-R at the IRS to match it up to.  I don't think I've ever heard of this before - is this is thing?  Thanks.

It could be.  A few years ago I had a 1099 with an incorrect SSN.  I was not able to E-file because the IRS was unable to confirm the 1099 info on my return with the bad SSN.  I was forced to either file a paper copy or wait for the issuer of the 1099 to file a corrected 1099.  Sounds like this is the same type of situation.

J

[Tom Poje]

maybe they are like me, I wait to file the 1099 electronically simply in case the forms get returned due to bad address, bad info or someone and then I don't have to file a corrected copy electronically. and then it gets busy due to testing and the 1099s get pushed to the bottom of things to do as long as it gets done by the end of the month

granted, by this date, 3 weeks after sending out the copies to the participants, I guess you could argue that is enough time

[Bill Presson]

As long as you're not late in filing the 1099s electronically, it's not really your problem.

[AlbanyConsultant]

20 hours ago, My 2 cents said:

My guess is that they expect you to electronically file the 1099-Rs posthaste.  Why haven't they been filed yet?

Because... they're not due yet?

 

17 minutes ago, Bill Presson said:

As long as you're not late in filing the 1099s electronically, it's not really your problem.

That's our viewpoint, too.  But it's nice to know so we can answer the question. :)

[Bill Presson]

6 hours ago, AlbanyConsultant said:

Because... they're not due yet?

 

That's our viewpoint, too.  But it's nice to know so we can answer the question. :)

Agreed.