dmertz
Level 15

Retirement tax questions

"For a direct rollover from a traditional IRA to a qualified gold IRA, you should not receive a Form 1099-R"

 

This would be a trustee-to-trustee transfer, not a direct rollover.  The term "direct rollover" only refers to the movement of funds to or from an employer plan like a 401(k), not to the movement of funds between IRAs.  A trustee-to-trustee transfer of an IRA is neither a distribution nor a rollover and is nonreportable.