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2 answers

It depends on how you completed the transaction If you received the money yourself, you will receive a 1099R and you will be required to show this rollover on your tax return. On line 15A of the form 1040 or line 11A of the 1040A you would put the full amount of the distribution. On line 15B of the 1040 or line 11B of the 1040A you will write -0- and write the word Rollover in the margin of the return.

If it was completed as a Trustee to Trustee transfer then no 1099R is produced and no reporting requirement results.

Publication 590
http://www.irs.gov/pub/irs-pdf/p590.pdf

Instructions to the 1040
http://www.irs.gov/pub/irs-pdf/i1040gi.pdf page 25

2007-03-05 10:54:08 · answer #1 · answered by Anonymous · 2 0

You would put the amount of the rollover on line 15a. Put 0 on live 15b and next to line 15a.... write rollover

2007-03-05 18:51:01 · answer #2 · answered by loandude 4 · 1 1

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