Foxy-Lady
Level 3
03-06-2023
12:11 PM
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Client received a 1099R - code 7. Received Form 5498 showing that the 1099R was a Rollover contribution. The Client had taken the funds but returned them within the allotted time. How do I show this on the tax return that the funds are non-taxable income.
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Level 15
03-06-2023
12:15 PM
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Scroll down to Page 2 of the 1099R worksheet, you'll find your rollover options.
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