Question
Didn't include 1099-R in previous tax returns (IRS Code-G)
Hello Tax Experts,
I just realized that I made a stupid and huge mistake. I have been receiving 1099-R forms from my brokerage for the tax years starting from 2021. I ignored them assuming that they are not required since there were NO distributions but only contributions, which is an incorrect/wrong/stupid assumption.
Can you please let me know:
(1) Was it required to include/report 1099-R with a IRS Code G (Direct Rollover to a qualified plan, 403(b), governmental 457(b) or IRA). Please note that there are no entries in 2(a) taxale amount, 3.Capital gains. Have values only for (1) Gross Distribution and (5) Employee contrib Roth Contrib.
(2) If yes, can I file an amendment tax returns starting from 2021.
Kindly help.
