ESOP to 401k 1099r

Forum|Forum|11 months ago
April 7, 2025
1 reply
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I already filesed my taxes for this year but just discovered a 1099r for money i moved from ESOP to 401k there is a gross disturbutions on line 1 do i need to refile my takes if i too no money? Do i need to refile my taxes to include the 1099r even if they went into a 401k immediatly?

401K

SabrinaD2

If you already filed your taxes and then discovered a 1099-R for money moved from an ESOP to a 401(k), you generally need to amend your return to include this form, even if the funds were rolled over immediately and no money was taken out. Here’s why:

Reporting the 1099-R: Even though the rollover is non-taxable, you still need to report the 1099-R on your tax return to show the IRS that the distribution was rolled over. If you didn't include it in your original filing, you should amend your return to include this information.

You can use this IRS: Reporting Rollovers Tool to determine If you need to report the transfer or rollover of an IRA or retirement plan on my tax return?

To amend see steps at this link.