Does the 1 Rollover Per Year Rule Apply to Direct Transfers from One IRA to Another IRA at a Given Custodian?

[trust812]

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[dmertz · Accepted solution]

A properly done trustee-to-trustee transfer (including within a single trustee) where the funds are never made payable to you is neither a distribution nor a rollover.  Because it is neither a distribution nor a rollover, a trustee-to-trustee transfer is not reportable on your tax return, and does not involve the one-rollover-per year limitation.