I contributed to a SIMPLE IRA through work. When I received my 5498 for 2023 it showed $300 was contributed to a SEP account instead of the Simple. I called the financial guy and he said he would get it changed. The company was sold and the new company did not do the contributions so it all had to be rolled over into a regular IRA. He said it was done on April 15 of 2024. Now I received 1099-R for the $300 with a code P and another one with $31.80 and a code 8. Both are in 1 & 2a with the X for IRA/SEP/SIMPLE. My 5498 shows the total amount to be a rollover contribution. When TT pulls in the information it tells me I need to amend my 2023 tax return. Why? I did not get the money. It was a straight rollover not an excess contribution. Had it been put in the correct account to begin with I would not be having to amend anything. Does Ameriprise need to correct their code to a rollover or do I have to amend my 2023 tax return? I did try to amend it to see what it would do and it would not let me put it in correctly. Any help would be appreciated.
