Hi dmertz, thank you for your answer. I understand the process now. I left out some details in my question. The check was issued in 12/31/2019. Vanguard returned the check to the bank due to lack of instructions from us, which account to deposit check. It was in late March when we received the check from the bank. We redeposited check into Vanguard on 3/25/2019 which was after 60 days. Called Vanguard who said have the bank to reclaim the asset. Vanguard said that the bank made a mistake by not obtaining transfer paper from them first. Called bank, they don't want to reclaim the asset. Bank admitted they made a mistake and willing to re-code this transaction as a direct roll over. Will reclaiming the asset back by the bank simplify the process? How do we undo the 1099-R 60 day roll over on 2018's tax? Thank you very much for your time.
