Hi @dmertz,
Similar question to the previous.
I attempted to perform a direct rollover (IRA to IRA) between two different institutions (a complete distribution), but each institution would not allow me to do so informing me I had to perform an indirect rollover. Though, when filling out the distribution form, I had the distribution check made payable to the second institution - so I never personally received any funds.
On my 1099-R, the distribution code is 1 [ Box 7], and $0 were withheld [4,14] and it states that the total amount of the distribution is taxable [2a]. This I believe is incorrect. In your previous post you had stated, "Code G is only used for distributions paid directly from the original account to the receiving account without the money ever having been paid to you personally" which I believe is my situation, though the Payer refuses to correct my 1099-R.
Any advice on how to proceed? Thanks.
(P.S. the distribution and transfers occurred during May 2021 during COVID).
