Thank you for clarifying. Your help is really very much appreciated!
Vanguard says that since the distribution from my Roth to my brokerage account was in shares instead of cash or check, they can only serve this rollover only as a dollar amount and not by moving number of shares.
That means that I will receive back the same amount that was distributed ie $1901.81 but I will receive more shares since the stock market went down since the last month.
However what they also told me is that they dont report number of shares in the IRS. For the distribution I did I will recieve a 1099-R which shows only dollar amount distributed, and in 5498 that it will be generated for 2025 it will also show dollar amount ie the amount I contributed $7000 and the amount of rollover $1901.80, they dont report shares in IRS. It is like I was doing this rollover in cash instead of moving shares.. So they dont expect to have any issue with the IRS.
Based on what you mentioned and justified with the link from the IRS, if I have to pay taxes on this rollover, that will be taxes only in the difference ie if the same amount of shares distributed the day of the rollover have avalue of $1700 then I will have to pay taxes on the $201.81 or for the entire amount?
