MinhT
Expert Alumni

Retirement tax questions

Code G in box 7 of form 1099-R is for a direct rollover which is not taxable.

The IRS has a copy of your form 1099-R but will know from code G in box 7 that it is not taxable. You do not need to amend your tax return. Just keep that form 1099-R in your tax records for at least 3 years.

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