Good day,
I received a 1099-R form for with the following selected ; XXXX Gross Distribution & Taxable Amount being the same, Total Distribution Selected, and a Distribution of Code of G.
This creates a large tax liability which again I feel is made in error. I placed a direct rollover to my new institution which, was made directly to them in FBO of my name.
I believe a distribution code of G is a non taxable event is that correct?
I have already emailed and spoke to the previous institution and they are giving me a hard time about sending a correction to the 1099-R.
