- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
JohnR6 has provided an incorrect suggestion.
These Forms 1099-R are required to be reported on your tax return. You must not remove them.
These distributions constitute income under the law, but they are not taxable income. Confirm proper reporting by seeing that the gross amounts of both are included on Form 1040 line 4c but both are excluded from the taxable amount on line 4d and that the word ROLLOVER is shown next to line 4d. Anything other than that and the IRS will likely question your tax return.
‎February 8, 2020
7:16 PM