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What Is an IRS 1099 Form? - TurboTax Tax Tips & Videos

You will receive a Form 1099-R that reports your total withdrawals for the year. The form also covers other types of distributions you receive from pension plans, annuities and profit-sharing plans. Usually the 1099-R will show the taxable amount of the distribution on the form itself and will report the amount of federal tax that was withheld.