GeorgeM777
Expert Alumni

Retirement tax questions

Yes, it does not get entered on your taxes.  A 1099-R with a distribution code R is a recharacterization of an IRA contribution.  We assume your recharacterization was made to a Roth IRA, in which case there is nothing to report on your tax return.  

 

Keep the 1099-Rs for your records.  

 

@jdouc71

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