1099-R Distribution Code 3 (Disability) is showing owing taxes when it was rolled over into a mutual fund. How do I correct this?
I have a 1099-R from an employee stock ownership plan. Box 1, 2 and 6 are filled out with box 7 having a distribution code of 3. I was told that I would not have to pay taxes on this because it was rolled over into a mutual fund.