Small town
Level 3
04-04-2022
12:02 PM
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Thank you for the link. The rollover was to a new Roth and that is the only source of funds. Client left employment and rolled everything over. I don't know however if the distribution was after the rollover was completed or during the process of the rolling over of investments. Do I need to ask my client for this information? What further information do I need or do I consider the amounts in box 5 of the 1099-R rollovers as the basis of the distribution on the 1099-R with the code J in box 7? I'm not sure if I am describing this clearly?