qbteachmt
Level 15
04-12-2023
11:53 AM
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There still is time to correct this for tax year 2022. Well, about a week; or, put that return on extension and then they have time to make a corrective distribution including any attributable earnings. And you will have to report any withholding as part of the gross distribution (both times). The new 1099-R won't come until after the end of 2023, but both situations are reportable in 2022.
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Don't yell at us; we're volunteers
Don't yell at us; we're volunteers