1099-R question: 1 trust but more than one plan: is 1 1099-R okay or m

[John A]

When more than one plan is in a trust, and payments are made from both plans, is it ever acceptable to issue 1 1099-R showing the total payment from the trust? Or do separate 1099-Rs for each plan always have to be done? Why?

[Kirk Maldonado]

Do both plans have the same EIN, or is the same EIN used for both plans?

[John A]

Same EIN is used.

[MJ Hartman]

we have prepared distributions from 2 plans of the same er, same ein # and included both plan names on the 1099. As long as the employer is the same and each trust has identical id#s there should be no problem. The 1096 would also contain both plan names. This eliminates double preparation and eases reporting for the IRS, the plan and the participant.