Was it deposited in an IRA at vanguard within 60 days of the check being issued?
Have you received a 5498 form from Vanguard? If so then what line is the amount shown on?
All you really need to show the IRS is the 1099-R copy for the distribution and a Vanguard bank statement (or the 5498) showing that the money was deposited in an IRA within 60 days.
It IRS has been scrutinizing rollovers lately and since nothing on a 1099-R with a code 7 will tell then that the money was actually rolled over and you did just keep the money.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
