If a corrective distribution includes both pre-tax and Roth deferral amounts, how many Forms 1099-R are required?

When a corrective distribution involves both pre-tax and Roth deferral amounts, the requirement is to issue two separate Forms 1099-R. This is necessary because pre-tax and Roth amounts are treated differently for tax reporting purposes.

The Form 1099-R is used to report distributions from retirement accounts, and when both types of contributions are involved in a corrective distribution, each must be clearly reported to ensure accurate tax treatment. Pre-tax amounts typically are taxed when distributed, while Roth amounts have different tax implications since they are made with after-tax dollars. Each type of distribution must be documented separately to reflect the distinct tax characteristics associated with them.

Therefore, issuing two Forms 1099-R provides clarity for the IRS and the participants regarding how each component of the distribution should be reported and taxed.