I'm looking at a potential issue concerning how an IRA to IRA transfer was done this year and how the originating institute handled it. It boils down now as to how the 1099-R will be filled out. And how Turbotax handles it.
I've been trying to find out the required date that the Form 5498 must be delivered to the IRS by the originating institute. The only references I've been able to find is that the form is sent to the tax payer in May. Does the IRS get it earlier or the same time as the tax payer?
Thanks
