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New Member
posted Mar 9, 2020 5:25:02 PM

My 1099-R has been categorized wrong and taxes are being withheld for a direct rollover, how do I correct this?

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1 Replies
Expert Alumni
Mar 9, 2020 5:45:58 PM

Are you saying you are being taxed on a direct rollover? If so, a data entry error may have caused this. When you review your entries, please pay special attention to Box 7 of your 1099-R. A direct rollover should be coded as "G" or "H".