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Pension Digest A p r i l, 1996 j P u b l i s h e d S i n c e 1984 UPDATED IRS FORMS Form 5305ASEP Form 1099R T h e I R S h an s r e c e n t l y i s s u e d the 1996 F o r m 1099R. A c o p y is set
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A p r i stands for Personal Rate of Interest.
Individuals or entities earning interest income above a certain threshold are required to file a p r i.
To fill out a p r i, you need to gather information about your interest income for the year and report it accurately on the form.
The purpose of a p r i is to report interest income to the tax authorities for tax purposes.
Information such as the total interest income earned, the name of the financial institution, and the account number must be reported on a p r i.
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