I had originally converted the required RMD from my IRA to a Roth including taxes. The transactions were recorded but my account showed that I hadn't taken any RMD.
So I called Schwab....many times trying to get this resolved. I wound up taking another $37K to satisfy the RMD requirement. All of a sudden my account shows that I've taken out $37K too much. I rolled this back into the IRA 3 days later.
Now I have a 1099R with this total inflated value that I have to pay taxes on. I need to figure a way to reduce it $37K for tax purposes.
