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Retirement tax questions
@E , no, it does not mean that. Unless the plan issued a separate Form 1099-R for the portion rolled over to the Roth IRA, the one Form 1099-R you received should have in box 1 the combined amount. If the gross amount in box 1 of the Form 1099-R you received does not represent the combined amount distributed from the 401(k), contact the plan to obtain a correction or a second Form 1099-R.
March 16, 2023
4:22 AM