@Opus 17 @LindaS5247 : I have a follow up question to this regarding my rollover from previous employer to my IRA accounts. I had the following transactions:
1.) Roth 401K funds transferred to Roth IRA account - received 1099 with distribution code G
2.) Non-Roth 401K funds transferred to Rollover IRA Account - received 1099 with distribution code H
Questions:
i) All of these 1099 forms have some funds in box 5 " Employee contrib/desig Roth contrib or insurance premiums. Where is this amount coming from? I've called Fidelity a couple of times and they are unable to tell me and asked me to check with a CPA. Wondering if one of you can guide?
ii) I received another 1099 with distribution code 1B; I am still trying to figure out what this is considering I have not withdrawn any fund. Any guidance on how I can decipher this amount of $82.99 in box 5 (rest of the form is blank)?
Thanks!
