1099 R for a Rollover

[Inky1]

I received a 1099R for rollover of funds that were transferred from one custodial account to another. Box 2a has $0.00 in it. box 2b has Total distribution checked. Box 7 has a G. Should I request a corrected 1099R from the custodian that distributed the funds since they were never sent directly to me? Should I request a form from the custodian receiving the funds verifying their deposit in a qualified account?

[Chooch305]

No, In May you will be issued form 5498. Just make sure you show as a rollover on your taxes. It odd but the IRS will match your 5498 with your 1099-R after the April 15th deadline. 

[MinhT1 · Accepted solution]

No.

The 1099-R is correct. Code G in box 7 means a direct trustee-to-trustee rollover.

The rollover is not taxable but you must enter this form 1099-R and follow the TurboTax interview after the entry of the form.