If the curerent plan administrator issue the rollover check directly to the new company's 401k plan around the end of the year but I d requested to re-issue the check in the name of different IRA (still standard 401k not roth IRA) next year, then what will be the tax implication. The original plan administrator already issued the 1099R for 2019 but no financial transaction really happened in 2019. The check is re-issued by the same plan administrator in 2020 several months later and that check went directly to the new 401k plan. Do I need to report that 1099R in 2019 tax return? I think reporting that will cause more complication because the original plan administrator will issue a corrected 1099R for 2020? I hope 60 day rule will not apply since I never got hold of any money during the process, right?
