1099 Forms › Best 1099-R Software for TPAs
At a Glance
What is the Best 1099-R Software for TPAs?
Third party administrators of retirement plans file 1099-R for distributions from qualified plans, IRAs, and pension funds. The best 1099-R software for TPAs provides multi-client management, proper distribution code validation, and efficient bulk processing for filing across multiple plan sponsors.
BoomTax is trusted by retirement plan TPAs for 1099-R compliance. Our platform handles multi-client filing with features designed for third party administrators.
Why TPAs Choose BoomTax
- Multi-Client Dashboard: Manage all plan sponsor clients from one interface.
- Distribution Codes: Validation for all IRS distribution codes including qualified plans.
- Bulk Processing: Import data for multiple clients efficiently.
- White-Label Options: Offer 1099-R filing as a branded service.
- SOC 2 Certified: Security for sensitive participant data.
- Recipient Copies: Print or mail statements to participants.
Retirement Plan Distribution Types
Qualified Plan Codes
- Code 1: Early distribution (before 59½)
- Code 2: Early distribution, exception applies
- Code 7: Normal distribution
- Code G: Direct rollover to qualified plan
Additional Codes
- Code H: Direct rollover to Roth IRA
- Code 4: Death
- Code B: Designated Roth
- Code L: Loan treated as distribution
Multi-Client Features
- Plan Sponsor View: Separate filing status for each plan sponsor client.
- Bulk Import: Upload data for all clients in one file—we separate by plan.
- Batch Submission: Submit all client filings at once or individually.
- Status Tracking: Monitor IRS acceptance across all clients.
- Partner Pricing: Volume-based pricing for TPAs.
All Features Included
Purchasing any BoomTax package will give you everything you need to complete your filing.
This includes:
- Federal E-File
- State E-File (ACA and 1099 CF/SF)
- Recipient Copy Download as PDF
- Official IRS Copy Download as PDF
- Unlimited Corrections
Bulk Import
Import many companies in one spreadsheet to simplify data input.
Data Validation
We validate your data against hundreds of IRS rules.
Hands Off E-File
No IRS registration or testing required.
Free Corrections
Make as many changes as needed for free.
How TPAs File with BoomTax
Import Your Data
You can import your data as Excel, XML, or use files from popular payroll providers like QuickBooks, UKG, ADP, and many more.
Step-By-Step Wizard
We walk you through the process with no complicated jargon. You can also live chat with a real person as you work on your filing for hands-on help.
E-File & Mail Employee Copies
Once your data is loaded, you can e-file and distribute employee copies in minutes.
Frequently Asked Questions
Dedicated to simplifying complex IRS regulations for employers, with expertise in ACA, 1099, and W-2 compliance.
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BoomTax and its affiliates do not provide tax, legal, or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors prior to engaging in any transaction.