Tax Season is Here Again

 

As we enter another tax season, we want to make sure you are aware of all of the options you have for getting your tax documents.

We recommend you take advantage of myPay. A myPay account is your one-stop source for all of your most important annuity pay information, including your 1099-R.

If you have requested your 1099-R to be mailed, it will be mailed via U.S. Postal Service no later than January 31, 2022.

Get your 1099-R and pay information 24/7 in myPay

The fastest and most secure way to obtain a copy of your 1099-R is through myPay. Annuitants can log in to myPay, and download or print a 1099-R from the comfort of their home. Instructions are at: https://myPay.dfas.mil

If you’re not using myPay, now is a great time to get started. myPay is now simpler, streamlined and more mobile-friendly. That means it’s easier to manage your pay account using the web browser on your computer or with a connected device, like your smartphone or tablet.

The advantage of using myPay is that your 1099-R tax statement will be available much sooner in myPay than through postal mail. 1099-Rs generally become available in myPay in late December, while paper copies aren’t mailed until later in January. In addition, in myPay you can download or print your current year tax statement, as well as prior year 1099-Rs (up to two prior years for annuitants).

While you’re in myPay, you can also easily check to make sure we have your correct mailing address and email address.

The self-service options available through myPay simplify the management of your annuity and give you access to personalized information about your account.

It’s Easy to Get Started With myPay

If you’ve never used myPay, you can request an initial password on the myPay homepage using the “Forgot or Need a Password” link. The password will be mailed to the address you have on file with DFAS and you should receive it in about 10 business days.

Once you receive your password in the mail, you can return to the myPay homepage and log in with your social security number and the password you received in the mail to create your myPay profile.

We have a downloadable step-by-step Get Started Guide to myPay on our website and a how-to video on the DFAS YouTube channel.

Reactivating your myPay account

We know that some of you only use myPay once a year to get your 1099-R during tax season. Then, when you do try to access your account, you discover that your password is expired, lost or forgotten. If this sounds like something that has happened to you, please update your password now.

Waiting to update your password might mean longer wait times and potential delays in receiving your tax documents.

If your myPay account is in an inactive status because your password has expired, you can follow the simple steps below to reactivate your account.
1.   Go to https://mypay.dfas.mil in your web browser on a computer or connected device
2.   Click on the “Forgot or Need a Password?” link and enter your Login ID or Social Security Number
3.   Choose to send a temporary password to your email or mailing address of record
4.   When you receive the temporary password, go back to myPay and log in to reactivate your account.

Additional Ways to Get Your 1099-R

If you are not using myPay, we offer other convenient options to get or replace an IRS Form 1099-R.

If the address you have on file with DFAS is out of date and you are not a myPay user,    you can get your 1099-R sent to a one-time, temporary mailing address, or to your mailing address on record by submitting your request online. Your 1099-R should be in the mail within 7-10 business days.

Please note that 2021 1099-R reissues requested through the online askDFAS tool cannot be mailed prior to February 10, 2022. Find instructions at (this link is case-sensitive): http://go.usa.gov/xPh7H

If you prefer traditional mail, you can send us a written request by fax or mail, but please make sure you leave time for processing. It can take up to 30 days to process requests received by fax or mail. Please note that 1099-R reissues requested via written request cannot be mailed prior to February 10, 2022. Find instructions at (this link is case-sensitive): http://go.usa.gov/xAYCe

Annuitants with unique situations can speak directly to one of our customer care representatives. Depending on call volume, you may have to wait on hold while we assist other customers. Please note that 1099-R reissues requested from our customer care center cannot be mailed prior to February 10, 2022. For more information, go to (this link is case-sensitive): http://go.usa.gov/xAYrC

Changing Your Federal Tax Withholding

If you need to change your withholding, you can do it easily in myPay. Or you can fill out and mail an IRS Form W-4P if you are an SBP annuitant. Be sure to use the 2021 forms if you are sending the form before January 1, 2022. The forms are available on the IRS website and are also linked from our Forms page: https://www.dfas.mil/raforms

Please note: You are not required to file a new Form W-4 unless you claim exemption from federal taxes. If you claim exemption, IRS requires you file a new W-4 each year.

DFAS customer service representatives cannot provide tax advice or recommendations about withholding. Please consult a tax professional if you have questions about your taxes.

The IRS Tax Withholding Estimator

The IRS has an online Tax Withholding Estimator to help you determine how much tax you need to have withheld. The calculator helps taxpayers estimate if the right amount is withheld from their income to cover their tax liability. The estimator uses a simple, six-step question-and-answer format using information like marital or filing status, income, withholding, adjustments, deductions and credits.

The mobile-friendly estimator is available at:
https://www.irs.gov/individuals/tax-withholding-estimator

 

Page updated: Dec 9, 2021