GeorgeM777
Expert Alumni

Retirement tax questions

To follow-up on the comments from @RaifH, if the stock was sold in your IRA, then there is nothing to report.  Your 1099-R for the rollover probably reflects a code G in Box 7.  Code G indicates that the distribution was a direct rollover, which in your case was a direct rollover into an IRA.  

 

We are not sure why the investment company sold some of your stock, but if it was all done in your IRA, and you did not withdraw any funds from your IRA, then there is nothing to report on your return.  If you did withdraw funds from your IRA, then you would receive a 1099-R for that withdrawal and you would have to report that 1099-R on your tax return.

 

@bekka6716

 

 

 

 

 

 

 

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