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I received 2 1099-Rs showing the corrective distribution. I am recording one of them as a corrective distribution on my taxes and the other as rollover. The reason for that is that I had already moved the money from the 401k account before I was notified that a corrective distribution was necessary. I took the corrective distribution from my IRA and received a 1099 R from them and recorded it. For some reason, the 401k firm then sent me 2 1099 forms. One showing a rollover and the other showing a corrective distribution. I view the second one they sent me as duplicative as I already recorded the corrective distribution on the 1099 from my IRA firm.
‎April 9, 2022
1:23 PM