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Subject:  Re: (401)K Distribution Date:  4/13/2001  2:27 PM
Author:  pmarti Number:  50203 of 127613

What bother me is that on the 1099-R form, $9923.08(stock portion) is listed in box 2, the distribution code in box 7 is "1". Reporting this as rollover will mis-match the info IRS has.

For (eyes cast upward) the last time, no it won't. Why do you think they have the instruction to write "rollover" on line 16? If they already knew about all rollovers, that instruction wouldn't be needed. Trust me, the Returns Processing people at IRS don't allow a single data entry keystroke on a return if it isn't needed.

You report the rollover, and so does the IRA custodian. What else do you think they need?

Phil Marti
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