@george100
You need to clarify the dates that this happened. If the withdrawal occurred in 2021 and the return occurred in 2022, you will get no revised 1099-R. What happened in 2021 cannot be changed.
When you make any withdrawal from a qualified retirement account, you have 60 days to roll over the money into a different qualified retirement account or back into the same account. It’s OK if this spans the December 31 end of a tax year, but you will not get a new 1099R.
you will deal with this in TurboTax, it is very simple. When you enter the 1099R, TurboTax will ask what you did with the money; some of the choices are that you rolled it over, spend it, or a combination. If you select a combination of things you will be allowed to indicate what part you rolled back into the account and what part you kept for yourself. You will only be taxed on what you actually kept.
It doesn’t matter if you don’t have form 5498 yet, the IRS will use this in the future to reconcile your tax returns and make sure everything lines up, but you don’t need it to file your tax return.
Don’t generate a fake or substitute 1099R, because this will very definitely result in an audit letter. Just report the rollover.
