1099R Submitted by Don Warnke on Mon, 2017-03-06 15:45 Client does direct rollover of 401k to IRA, should the custodian of the 401k issue 1099R since it was a direct rollover? Flag as spam
Permalink Submitted by Alan - IRA critic on Mon, 2017-03-06 16:29
Yes, because a direct rollover is considered two combined transactions, a distribution followed by a rollover. DIstributions trigger a 1099R.