This information only applies to TRS retirees who have state of Georgia income taxes deducted from their monthly benefit.
For those retirees, who have also received the 2020 Form 1099-R from TRS, please note that two form fields (boxes) do not match the 1099-R form published by the Internal Revenue Service. Specifically, on TRS’s 1099-R form:
- box #12, indicating the amount of state tax withheld for 2020, should instead be labeled box #14. The amount of state tax withheld by TRS in 2020 is stated correctly.
- box #13, which indicates the Payer’s state number, should instead be labeled box #15. The actual state number is correct.
Retirees should be aware of the mismatched box numbers and may want to inform their tax preparers about this matter. No other action is needed. We sincerely apologize for any confusion this may cause. Please contact TRS for assistance.