- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
After you file
If you actually received the funds in 2023, then you don't need to do anything accept for request the broker delete the 2024 Form 1099-R since it is incorrect. If they won't do that, just keep a copy of it and proof that you received the distribution in 2023. It is likely the IRS will assess taxes based on the amount reported on the Form 1099-R in 2024, in which case you can send them documentation showing what actually happened and that should resolve the issue.
It is likely the taxes withheld were reported properly in 2023 since you haven't received a notice of tax due from 2023. That is further evidence that the distribution was in 2023.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎January 29, 2025
12:38 PM