A trustee-to-trustee transfer will not be reportable on a 1099-R or go on a tax return.
The Tax Cuts and Jobs Act (TCJA) eliminated the investment fees deductions for 2018-2025. Market losses within a retirement account are not reportable - there is simply less money in the account to pay tax on when withdrawn.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
