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1099-R provided as distribution, not rollover
My financial institution has issued 1099-R's as taxable distributions with a taxable amount in box 2a. This transaction was done as a rollover, however the financial institution refuses to amend the 1099-R's stating they are not tax advisors. How do I correct these 1099-R's to accurately reflect the transactions as rollovers? I do have the statements from the accounts showing the contribution to the Traditional IRA immediately moved to the Roth IRA. Currently, the distribution code is listed as a "2". I suspect the code should have been a "G"
March 25, 2025
12:34 PM