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1099R bank error
I rolled over my IRA on 7/5/17 to another CU which stated "roller" on signed agreement. However, the CU issued me a cashier check on 7/3/17 that I told them was rolled over, but they put it down as "early withdrawal" and marked without federal/state tax withheld.
My 1099R box 1 Gross distribution and box 2a Taxable amount both showed the SAME amount. Box 2b Taxable amount not determined and Total distribution marked "X" and box 7 is code 1.
Is this the bank error? How do I input my information to 1099R screen? Will Form 5498 sent to IRA from rolled over CU to IRA after May correct it? please advise.
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‎June 6, 2019
8:27 AM