Are cpp and oas t4 mailed
In the United States, the IRS typically sends Form 1099-CPP (Contributions Paid to Plan) and Form 1099-OAS (Distributions from Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc.) to the recipient, not the plan administrator or employer.
Here's a breakdown of when you might receive these forms:
- Form 1099-CPP (CPP): If you received a pension or annuity payment from a qualified plan, such as a 401(k), 403(b), or Thrift Savings Plan, you should receive a Form 1099-CPP from the plan administrator. This form reports the total amount of contributions paid to the plan during the calendar year.
- Form 1099-OAS (OAS): If you received a distribution from a pension, annuity, retirement or profit-sharing plan, IRA, or insurance contract, you should receive a Form 1099-OAS from the payer. This form reports the total amount of distributions paid to you during the calendar year.
The IRS typically sends these forms to the recipient by January 31st of each year, for the previous calendar year. For example, the 2022 forms would be mailed by January 31, 2023.
Keep in mind that the plan administrator or employer may also provide a copy of these forms to you, but the IRS is the primary issuer. If you don't receive a copy of these forms, you can contact the plan administrator or payer to request a duplicate.