IRS Issues Revised 2006 Form 1099-R, 5498 Instructions

November 10, 2006 – The IRS has issued revised Instructions for Forms 1099-R and 5498, carrying a revision date of October 2006. An IRS official previously communicated to BISYS® Retirement Services that further changes to 2006 reporting would be forthcoming. These changes were announced in an article on this Latest News site October 31, 2006, and are now incorporated into the October 2006 version of the instructions. The revised instructions may be accessed as follows.
http://www.irs.gov/pub/irs-pdf/i1099r.pdf.