1099 R with R

Forum|Forum|4 months ago
April 1, 2026
4 replies
192 views

Received 2025 1099R with box 7 with R due to recharacterization in 2024 (already reported it on 2024 tax return). If you don't enter this 2025 Form 1099R on the 2025 tax return, will the IRS find a missing tax form for the 2025 tax return? So, to avoid it, should you still enter this 1099R and attach a statement that the 2024 tax return already reported recharacterization, or just ignore this 2025 1099R completely? What's the best solution?

Could anyone please advise? Thank you very much!

baldietax

Level 12

you can just enter it into Turbotax and it will give you a warning to check your 2024 return. 1099s are not sent to the IRS so it doesn't affect your 2025 return either way.

baldietax

Level 12

to clarify I meant 1099s you enter into Turbotax are not part of your return that is sent to IRS, only the end result in terms of tax forms. IRS already has the 1099s from the financial institutions.

wendy3152020Author

Level 2

Thank you very much! You mean 1099-R, right? So, it doesn't make a difference whether I enter the 2025 1099R with box 7 with R, it won't affect my return, correct? So, what's the most common practice on this matter?