borabora
New Member

If I report required minimum distribution that was not taken in 2017 (bank error), but taken 3/18, on form 5329, do I still report it as 1099R income on tax return?

Bank error; Even though they have withdrawn for the tax years 2015 and 2016, they did not take husband's required minimum distribution from IRA for 2017; not discovered until now while preparing taxes for 2018 with Turbo Tax.  Will be filing form 5329 with a waiver requesting tax penalty to be waived.  Do I still report income under 1099R on 1040, and, if so, since we do not have a 1099R, what would the distribution be?