Can i report rollover ira with no 1099r?

Forum|Forum|3 years ago
February 9, 2023
2 replies
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i do not have 1099r for an ira rollover; how do i report in turbotax?

TurboTax Deluxe Online

VolvoGirl

Employee

Ask the old account for the 1099R.

DavidD66

You should not report an IRA Rollover without a Form 1099-R. There is information reported on the form, that you may not have in order to properly report your distribution and rollover. If you have not received your 1099-R, it is still early. You may be able to access your 1099-R by logging in to your online account with the old plan administrator.

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dmertz

Employee

If this was the movement of an IRA, it could have been done by nonreportable trustee-to-trustee transfer, the equivalent of just changing investments in your IRA. A trustee-to-trustee transfer of an IRA is neither a distribution nor a rollover.

However, if this was a rollover from an employer plan like a 401(k) to an IRA, the plan is required to issue a From 1099-R that you must report on your tax return, even if the rollover is not taxable.

thatpricekid

I had an IRA that was invested into a mutual fund account with a brokerage service within my bank, for a short period of time (2 months) then put back into an IRA. I have only received a document named "Rollover IRA account summary". It shows deposit, withdrawal, termination fee. How do I report this? Am I supposed to? What kind of document am I suppose to have and from who?