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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?
March 10, 2025
4:10 PM