How do I show a discounted valuation of a Blocker investment? My 1099-R shows the full amount of an IRA converted to Roth for the purpose of a Blocker investment.

[butlerbd21]

I have the discounted value of the Blocker but cannot find out how to report so that I won't get taxed on the whole amount

[dmertz]

If the IRA custodian used an incorrect valuation for the investment, you'll need to convince the IRA custodian of the actual value of the investment on the date of the distribution from the traditional IRA and get them to issue a corrected Form 1099-R.