MarilynG1
Expert Alumni

Get your taxes done using TurboTax

If your 1099-R has a Code G in Box 7, it is reporting a non-taxable rollover.

 

You are correct; in your case it is just 'reporting' since the IRS has a copy of the 1099-R.

 

In a 'trustee to trustee' rollover, sometimes a 1099-R is not issued, but usually it is, so we're just following the reporting requirement.

 

Here's more info on Reporting Non-Taxable Rollovers

 

 

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