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April 5, 2025
Question

Why does our 1099-R list a large amount as gross distribution but we did not receive an RMD or any cash.

  • April 5, 2025
  • 1 reply
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    1 reply

    April 5, 2025

    Did you perform a rollover?  If not, you'll need to contact the issuer to establish if a mistake was made and obtain a corrected form.  If you did perform a rollover, you will need to enter the information into your tax return.

     

    For more information, see: Where do I enter an IRA rollover?