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Retirement tax questions
For a direct rollover from a traditional IRA to a qualified gold IRA, you should not receive a Form 1099-R, as it is a non-taxable event. However, if you take a distribution from the gold IRA within a year, you will receive a Form 1099-R for that distribution. The form will report the fair market value (FMV) of the gold at the time of distribution.
For more detailed information, you can refer to this resource:
- IRS: About Form 1099-R
‎February 23, 2025
3:25 PM