I recently did a tax-free rollover from a 401k to my IRA. After the rollover, I received a letter indicating that I needed to take a corrective distribution as I had contributed too much to the 401k in the prior year. The letter informed me to take the corrective distribution from my IRA which I did. Now I have 2 1099-R's reflecting the same distribution (one from the 401k for which no cash was received) and one from my IRA who sent me a check grossed up for earnings and taxed. To report both 1099-R's would be duplicative and results in additional tax in TurboTax. How do I report 1 of them while making sure the IRS does not think I neglected to report a 1099-R that was issued to me?
