I received a distribution check from my from my 401k (1099R) in 2016. We did not cash it and it was canceled by the broker. Are we required to report it in 2016?

[macuser_22]

All distribution must be reported.  What do you mean "cancelled"?  Where is the money?
What code is in box 7?

[johnedring]

The money is with the broker re-deposited back into the account. Yes box is checked!
We did not cash the check and let it expire.

[macuser_22]

Then you must enter it and say you moved the money to another (or the same) retirement account - rollover.

If you fail to enter it as a rollover, the IRS will assume yiu took the cash and send you a bill for the tax on the entire amount.

[macuser_22]

Enter a 1099-R here:

Federal Taxes,
Wages & Income
I’ll choose what I work on (if that screen comes up),
Retirement Plans & Social Security,
IRA, 401(k), Pension Plan Withdrawals (1099-R).

OR  Use the "Tools" menu (if online version under My Account) and then "Search Topics" for "1099-R" which will take you to the same place.

Be sure to choose which spouse the 1099-R is for if this is a joint tax return.
Be sure to pick the correct 1099-R type: Standard 1099-R, CSA-1099-R, CSF-1099-R, RRB-1099-R.

[NOTE: When you get to the "Your 1099-R Entries" screen where you can add another 1099-R, use "continue" to keep going as there are additional interview questions after that screen in most cases. You can always return as shown above.]