cred65 Posted March 3, 2012 Report Share Posted March 3, 2012 Amount rolled over correctly but the 1099 R issued by trustee showed amount taxable and Dist. Code 7. Beyond advising client to see if a corrected 1099R can be issued (which may be difficult since this was a total distribution) what is any other corrective action that can be taken? Attachments to e-file, specific Form, etc.? I have entered the amount in Box 2a to remove from taxable income. But my concern is what happens 2 or 3 years out (if I'm still alive) when the client gets a Future Shock notice. TIA Quote Link to comment Share on other sites More sharing options...
joanmcq Posted March 3, 2012 Report Share Posted March 3, 2012 Isn't there a spot in your software to indicate a rollover? If the client got the check, and rolled within 60 days, there isn't any way for the trustee to know it was rolled over. Quote Link to comment Share on other sites More sharing options...
jasdlm Posted March 29, 2012 Report Share Posted March 29, 2012 I am having the same trouble. In my case, a rollover (trustee to trustee) was coded 1 (early distribution) by the Trustee. How do you get 'rollover' to print next to line 16 on the 1040? Quote Link to comment Share on other sites More sharing options...
jasdlm Posted March 29, 2012 Report Share Posted March 29, 2012 Found it in an old post. Please ignore. Quote Link to comment Share on other sites More sharing options...
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