M1WV
Level 3

Deductions & credits

I saw an older explanation indicate using 2 in box 7.

 

I am here asking if it is recommened that a "place holder" 1099-R be issed for a person who took out from her IRS to put into a ROTH IRA.  She did not receive the fund.  The financial instituion mentioned they did not have to and will not be issuing a 1099-R since it was not report to the IRS.

 

How is this handled?