Can I just change the 1099-R to reflect a distribution instead of an IRA rollover for a $141.00 check that I mistakenly cashed from a 401k settlement fund?

tjd2194 · ‎June 5, 2019

I mistakenly cashed the 401k settlement check instead of rolling it over into my IRA. I'd like to make changes on the 1099-R to reflect a distribution instead of a rollover and also indicate it as such in Turbotax. Is this acceptable?

IreneS · ‎June 5, 2019

No. You should not change the information on the 1099-R. It will be a red flag to the IRS since they also get a copy of the form.

Contact the issuer of the 1099-R to get a revised form.

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MargaretL · ‎June 5, 2019

Please do not attach personal information... this is a public forum and everyone can see it.

IreneS · ‎June 5, 2019

No. You should not change the information on the 1099-R. It will be a red flag to the IRS since they also get a copy of the form.

Contact the issuer of the 1099-R to get a revised form.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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Can I just change the 1099-R to reflect a distribution instead of an IRA rollover for a $141.00 check that I mistakenly cashed from a 401k settlement fund?