kjbr12
Level 1
08-04-2023
09:41 AM
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I have a client who took an IRA Distribution in 2022. The client rolled over $50k of the distribution within 60 days. The year-end 1099-R reported the full amount of the distribution. The 2022 tax returns were prepared based on the 1099-R. Later the client received form 5498 showing the $50k as a rollover. Should an amended tax return be filed.