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457b conversion to Roth IRA, incorrect 1099-R?
In 2021 I separated from an employer and was able to convert a pre-tax 457b to a post-tax Roth IRA.
The Retirement Plan sent the check directly to Vanguard and knew it was a Roth IRA the money was going to.
However they coded my 1099-R with Box 1 "Gross Distribution" as ~$28,000, and my 1099-R box 2a "Taxable Amount" as $0.
I'm I correct in believing they coded the 1099-R wrongly and I need to enter the same ~$28,000 in Turbo Tax in Box 2a of the 1099-R so it is a taxable event? Is it necessary to have the Retirement Plan servicer re-do my 1099-R correctly stating this is a taxable event?
Thanks for your experience and help.
‎February 2, 2022
4:56 PM