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Retirement tax questions
Each form has code G in box 7.
This was a rollover from a employee stock ownership plan to an automatic rollover/missing participant IRA.
I have one form with PAYER as the former employer's program and RECIPENT as me.
The second form has PAYER as Penchecks and the RECIPIENT as me with "Former Employer ESOP".
Both show the same amount in box 1 with all other boxes except account number blank.
This looks like it has to be for the same money, but in the 1099R section of Turbotax The total gross distribution still shows up as double the amount. In the IRA it only tells me I have the amount in box 1 on each form.
March 23, 2024
1:09 PM