1224950
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

lb93
Level 2

does a 401K to IRA rollover always generate a 1099-R or sometimes only a 5498

my son rolled a 401K from a previous employer to an IRA.  Both the 401K and the IRA are Fidelity accounts.  Fidelity issued a form 5498 and the account website says there are no more 2019 tax forms coming.  (I think they were due 2/15/2020 anyway.)  I find that hard to believe.  Do I create a 1099-R of my own and enter it? Do I nag my son into calling Fidelity? I have googled a great deal (and searched turbo) and found nothing that suggests there should not be a 1099-r.  Does anyone know for sure? 

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

does a 401K to IRA rollover always generate a 1099-R or sometimes only a 5498

Call Fidelity.  You should have a 1099R.  Don't make one up.  And you don't enter the 5498.  Can he log into his account and get a copy of the 1099R?

View solution in original post

1 Reply

does a 401K to IRA rollover always generate a 1099-R or sometimes only a 5498

Call Fidelity.  You should have a 1099R.  Don't make one up.  And you don't enter the 5498.  Can he log into his account and get a copy of the 1099R?

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question