Are we missing form for rollover deposit?

When a rollover is done from a qualified employer plan to a Trad IRA and the owner receives a check, the originating broker issues a 1099-R.

When the check is deposited within the statutory time limit into an IRA at another broker, what form should that broker issue to report the qualified rollover?

Should the taxpayer expect to get a copy of that form?

We do have the second form in our records.

Reply to
curiousgeorge408
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I believe the new custodian issues a 5498.

If one is issued, yes. However, they're not due until May for 2007 transactions.

If this has to do with 2007 return preparation, you don't need such a form.

Reply to
Phil Marti

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