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New Member
posted Feb 7, 2022 7:20:46 PM

If I rolled over my 401k, what do I do if I did not receive a 1099-R?

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1 Best answer
Level 15
Feb 8, 2022 4:26:30 AM

The 401(k) plan administrator must always issue a Form 1099-R reporting the distribution from the plan that is rolled over (as long as the amount in question is $10 or more).  Contact the plan administrator to obtain the missing Form 1099-R.

 

(The answers suggesting that a Form 1099-R might not be required apply only to IRA-to-IRA trustee-to-trustee transfers, not to rollovers from a 401(k).)

6 Replies
Level 15
Feb 7, 2022 8:01:33 PM

If it was a direct transfer you might not get a 1099-R. Check with your financial institution. 

Level 15
Feb 7, 2022 9:13:35 PM

if you made a direct transfer from one plan to the other, you might not get a 1099R. And in that case, you have nothing to report to the IRS so don’t worry about it.  

 

In most cases, a direct transfer does not create a taxable event and does not have to be reported. A direct transfer would only be a taxable event if you went from a pretax plan to a Roth IRA, which would be considered a Roth IRA conversion.

Level 15
Feb 8, 2022 4:26:30 AM

The 401(k) plan administrator must always issue a Form 1099-R reporting the distribution from the plan that is rolled over (as long as the amount in question is $10 or more).  Contact the plan administrator to obtain the missing Form 1099-R.

 

(The answers suggesting that a Form 1099-R might not be required apply only to IRA-to-IRA trustee-to-trustee transfers, not to rollovers from a 401(k).)

Level 15
Feb 8, 2022 4:31:14 AM

@dmertz  What if it's a rollover to another 401(k)?

Level 15
Feb 8, 2022 5:26:58 AM

It's possible for one 401(k) to be moved to another, say, when one company acquires another and combines the plans into one, an this is done by nonreportable transfer.  Such a transfer is not a rollover.  Movement of funds between plans of unrelated companies would be a reportable rollover.

New Member
Feb 11, 2022 6:35:02 AM

Thank you. This is correct and the original plan administrator will be sending me a 1099-R by the end of the month.