Revised 1099-R from SEI

In the next week to ten days you will receive a revised 1099-R for 2014 from SEI Private Trust Company.

SEI discovered a problem with their vendor resulting in 2 potential issues: either the boxes in lines 2B or 7 were not checked, or the taxable amount in line 2A was blank.  SEI is filing this most recent version with the IRS so it is critical that you use the REVISED 1099-R when filing your return with the Internal Revenue Service and/or your state tax agency.

If you have already filed your return and incur expenses for filing an amended return, please let us know and we will work with SEI to reimburse you for any related expense.

Again, we apologize for the inconvenience and we are working with the Managers at SEI to ensure a more accurate tax experience in the future.