abctax55
Level 15
09-06-2023
11:32 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I agree that this sounds like a self-directed plan.
I have a client that has one, he took a distribution in 2020 but no F 1099-R was issued. Fast forward to earlier this year and 'oops' one should have been issued so time for amended returns. And penalties/interest/my fee.
Self-directed plans carry a level of reporting responsibility that a lot of folks don't seem to realize.
HumanKind... Be Both