Direct Rollover for Roth IRA - Do I get a 1099-R?

[jonic]

I made a direct rollover of an old Roth IRA from one institution to another. Should I be receiving a 1099-R? I know no tax is due but I thought I should still get a 1099-R? Or is that only for Traditional IRA rollovers?  My old institution is saying they don't need to issue anything since there is nothing to report. 

[dmertz · Accepted solution]

If the funds were moved from one Roth IRA to another by trustee-to-trustee transfer, that is neither a distribution nor a rollover and is not reportable.  Only if the funds were paid to you and you deposited the funds within 60 days to another Roth IRA would it be a distribution and rollover.

The term "direct rollover" only applies to the rollover of funds to or from a qualified retirement plan like a 401(k).  The movement of funds between two Roth IRAs is never to be referred to as a direct rollover.  Movement of funds between Roth IRAs is always either an ordinary (indirect) rollover or it's a nonreportable transfer.