MinhT
Expert Alumni

After you file

If your form 1099-R is for a direct rollover (code G in box 7), there is no real need to amend your return. The rollover is not taxable.

The IRS has a copy of your form 1099-R but will know from the code in box 7 that it is a non-taxable rollover. Just keep that form 1099-R in your tax records for at least 3 years.

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