I received a 1099-R but I did not take any monies, I left the monies there when I left the company. It is still in a 401K at this moment, just sitting there
05573
1 Best answer
jerry2000
Alumni
May 31, 2019 11:39:49 PM
yes you do report it.. You must report each and every 1099-R that you get, no matter what it is for.
5 Replies
jerry2000
Alumni
May 31, 2019 11:39:44 PM
Then what is the 1099-R for? What is the code in Box 7?
drmcatcherk
New Member
May 31, 2019 11:39:45 PM
In box 7, the code is G
jerry2000
Alumni
May 31, 2019 11:39:47 PM
A code of G in box 7 indicates that it was a rollover. So it must have been rolled over into another tax free account.
drmcatcherk
New Member
May 31, 2019 11:39:49 PM
do I still list this on my tax return?
jerry2000
Alumni
May 31, 2019 11:39:49 PM
yes you do report it.. You must report each and every 1099-R that you get, no matter what it is for.