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Retirement tax questions
I am having a hard time figuring this out.
1099R was provided showing funds distributed to me when it was supposed to go to Fidelity. based on that, Turbotax says it was a distribution and I was taxed.
However, I signed the check and deposited into Fidelity IRA before the 60 days. Fidelity provided a 5498 showing the re-investment of the retirement funds back into the funds.
How do I avoid paying the taxes from the 1099R that was submitted? I am not allowed to change it to INDIRECT dispursement.
‎February 9, 2024
5:59 PM