I received 2 1099-R but never took a personal distribution. Those were actually custodial fees. Why do I pay the tax on those?
You'll need to sign in or create an account to connect with an expert.
You would need to contact the financial institution to find out that information. But, I can say that if you get a 1099-R, it will be reported on your tax transcript and you should report it.
You would need to contact the financial institution to find out that information. But, I can say that if you get a 1099-R, it will be reported on your tax transcript and you should report it.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
adii756082
New Member
fordescort12
Returning Member
Justholly
Level 1
egilmore2001
New Member
Andy_W
Level 1
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.