https://ttlc.intuit.com/community/taxes/discussion/1099-r-needed-for-direct-rollover/01/3525741#M1304427 <P>I closed a traditional IRA and a Roth IRA at Wells Fargo in 2024, with direct rollover of funds to the same types of accounts at another institution. Wells Fargo refuses to give me 1099-R forms for the distributions.&nbsp; Should I create substitute 1099-R forms in Turbo Tax or ignore the distributions on my 2024 1040?</P> Fri, 28 Feb 2025 05:56:22 GMT JBHamlin 2025-02-28T05:56:22Z https://ttlc.intuit.com/community/taxes/discussion/1099-r-needed-for-direct-rollover/01/3525741#M1304427 <P>I closed a traditional IRA and a Roth IRA at Wells Fargo in 2024, with direct rollover of funds to the same types of accounts at another institution. Wells Fargo refuses to give me 1099-R forms for the distributions.&nbsp; Should I create substitute 1099-R forms in Turbo Tax or ignore the distributions on my 2024 1040?</P> Fri, 28 Feb 2025 05:56:22 GMT https://ttlc.intuit.com/community/taxes/discussion/1099-r-needed-for-direct-rollover/01/3525741#M1304427 JBHamlin 2025-02-28T05:56:22Z https://ttlc.intuit.com/community/taxes/discussion/re-1099-r-needed-for-direct-rollover/01/3525775#M1304440 <P>If you have moved assets directly from one of your IRAs to another IRA, this is considered a direct transfer. Direct transfers are not reported—either to you or to the IRS—and you do not have to account for them on your annual tax return.</P> Fri, 28 Feb 2025 07:04:57 GMT https://ttlc.intuit.com/community/taxes/discussion/re-1099-r-needed-for-direct-rollover/01/3525775#M1304440 Mike9241 2025-02-28T07:04:57Z