I received two 1099R for IRA distributions from my deceased spouse's IRA and Employee. These distributions are not taxable, as I received the proceeds as a direct rollover into my IRA. I will be reporting the total distributions on lines 15a and 16a of 1040 with the taxable amount on lines 15b and 16b as zero.Am I supposed to attach copies of the 1099-R to my return? The insructions which came with the 1099-R were not clear. It basically said that if you are required to attach the 1099-R, then attach Copy B. It did not clarify under what conditions you are supposed to attach them.One of the 1099-R (for the IRA) also showed the taxable amount as equal to the total distribution, with the notation that the payer is not required to determine the taxability of IRA distributions. Is this correct or should I ask the payer to issue me a revised 1099-R with the taxable amount = zero?
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Est