wjh4848
Level 2
06-09-2024
10:29 AM
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I have a client that moved money they had in an IRA to an IRA in a different bank. They received a 1099-R from the bank it was moved from with a code '7' in box 7. They deposited the money themselves into the other IRA within the proper time frame, but did not receive a 1099-R from them, only a Form 5498 showing the rollover contributions in box 2. How should this be input in lacerte?
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