Re: Can Fidelity issue a Corrected 1099-R due to the incorrect 1099-R they sent to the IRS and the CRA?
I requested a withdrawal from my IRA of $6,000, instead they withdrew $60,000 (plus sent $6700 to the IRS for withholding), but when I saw it they quickly returned $54,000 as rollover back to my IRA, but the 1099 shows the $60,000 plus as income!!?? The IRS and CRA will see the wrong amount as taxable income. What do I do to correct it when Fidelity refuses to admit the mistake (saying the rollover "corrected" the error) and they will NOT notify the IRS of any error on their part. Now how do I proceed????
