If I rolled money from my 401k to my roth ira in 2...
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ysidro-gardea
New Member

If I rolled money from my 401k to my roth ira in 2020, will I receive a 1099-R this year? And do I file the 1099-R this year or next?

 
2 Replies
Bsch4477
Level 15

If I rolled money from my 401k to my roth ira in 2020, will I receive a 1099-R this year? And do I file the 1099-R this year or next?

You will receive your 1099-R soon and will report the transaction on your 2020 return. 

MinhT1
Expert Alumni

If I rolled money from my 401k to my roth ira in 2020, will I receive a 1099-R this year? And do I file the 1099-R this year or next?

If you rolled over your 401(k) into a Roth IRA in 2020, you will receive a 2020 form 1099-R in January 2021 and have to report that form on your 2020 tax return

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