Thanks. So I have a few follow-up questions:
1. What are the rules for whether or not I need to amend my taxes? In my situation it seems like it will not have any impact on taxes owed...it's just a matter of the missing explanation statement. Does the IRS care about the missing explanation statement since it has zero impact on the actual taxes due?
2. Now that we've discussed some additional info, is your advice regarding this 2020 1099-R still to "Disregard it completely and do not include it on my 2019 OR 2020 returns" ?
3. If that is indeed still your advice, could you please explain the logic behind that? I would think the IRS would want to understand what the deal is with that $240...so wouldn't it be confusing to them if I just never report it on 2019 nor 2020? Do they not care because it has $0.00 Box 2a (meaning none of the $240 is taxable)?
