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kobe22
Level 2
02-16-2023
12:52 PM
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I am in receipt of a 2022 Form 1099-R $3,000 code 1 distribution. However, I went to another bank to contribute the $3,000 and received an informational 2022 Form 5498 as a rollover. Can I exclude and mark the box that states the it was an "Entire Distribution Rolled Over" so I am not taxed on it as income &/or penalized?
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Just-Lisa-Now-
Level 15
02-16-2023
12:54 PM
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yes
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
