dmertz
Level 15

Retirement tax questions

There is nothing for the receiving firm to report on a Form 1099-R.  The reporting on your tax return is done by entering the Form 1099-R issued by the originating firm.

 

The $0 in box 2a of that form suggests that you requested that the originating firm roll the funds over to a traditional IRA but you diverted the funds to a Roth IRA instead.  If you did tell the originating firm that the rollover to to be to a Roth IRA, they need to correct their mistake on the Form 1099-R.  If you did not tell the originating firm that the rollover was to be to a Roth IRA, the originating firm has no obligation to change the Form 1099-R and you would need to do that yourself by entering into TurboTax a substitute Form 1099-R (Form 4852) showing the correct taxable amount in box 2a with explanation.  I believe that filing a substitute Form 1099-R forces you to print and mail your tax return.