Hi all ...I need a little advice on the "how do I report this?" front. In 2002 I rolled over my 401K from my former employer to a Traditional IRA. I received from my former employer a 1099-R detailing the distributions.Of course ... doing the "Foolish" thing ... I rolled over the entire amount and resisted the temptation to pocket some cash. Therefore, since it was a 100% rollover, line 2a "Taxable Amount" reads $0.00.The only entries in the form are Box 1 (the amount of the distribution), 2b (marked "Total Distribution"), and Box 7 (marked "G" for "Direct Rollover to IRA"). For an entry of "G" in Box 7, the notes on the back of the 1099-R state that "You need not file Form 5329".My question is this, what do I do with this 1099-R? Do I need to make a note of it somewhere on my 1040? If so, where?Thanks!Matt
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 Estimates, Analyst Ra