What is the purpose of Form 1099-R?
Form 1099-R is used to inform the IRS that funds or assets left your IRA. Some of the events that cause a 1099-R to be generated are: a distribution, Roth conversion, recharacterization, rollover, etc.
Form 1099-R is used to inform the IRS that funds or assets left your IRA. Some of the events that cause a 1099-R to be generated are: a distribution, Roth conversion, recharacterization, rollover, etc.