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Prove Indirect Rollover Was Deposited?
My wife has a prudential annuity and she took a distribution from it this year for the first time. It had to be indirect, they sent her a check. She immediately deposited it to her Fidelity IRA. We're doing our taxes in TurboTax. The Prudential 1099-R shows code 7, normal distribution, as expected. The tax bill immediately jacked at the top of TurboTax! Fidelity hasn't given us a form to "prove" we deposited it. What do we file? They said it's not a 1099-R on their side for this. They said 5498 but that's not a form you usually support with your taxes, per TurboTax. Fidelity's 5498 forms aren't coming out until May 15! How do we fix this? Thanks in advance for any help.
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‎April 13, 2025
10:05 AM