Which form indicates that a taxpayer has received a pension distribution?

Form 1099-R is specifically used to report distributions from pensions, annuities, retirement plans, and other similar financial arrangements. This form is crucial for taxpayers as it details the amount of money received from these sources, which is generally considered taxable income. The information on Form 1099-R includes not just the total distribution amount, but also details about any federal taxes withheld and whether the distribution was rolled over into another qualified retirement plan.

Understanding this form is important for tax preparation because it helps ensure that all income is accurately reported and taxed appropriately. Other forms like Form W-2 are used for reporting wages and salaries from employment, Form 1099-INT is for reporting interest income, and Form SSA-1099 is for reporting Social Security benefits. Each of these forms serves distinct purposes and does not pertain to pension distributions specifically.