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Inadvertently cashed a SEP-IRA distribution check made out to my Custodial SEP-IRA account. Was issued a 1099-B, but should have been issued a 1099-R
After transferring all whole shares from my Equiniti SEP-IRA custodial account to another SEP-IRA custodial of mine at Etrade, I was issued and inadvertently cashed a residual dividend payment from Equiniti (which was made out to my name, but with the custodian designation as well), which reflceted a dividend payment that occurred after the share transfer date. Equiniti then issued me a 1099-B, when it should have issued a 1099-R to me reflecting an IRA distribution. But Equiniti says it cannot/does not issued 1099-R forms. How do I fix or explain the erroneous form to the IRS?
‎February 28, 2025
6:46 PM