Teresa Delarosa
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Terminated participants were issued a 1099R this past January 2023 for a distribution that was never processed either by ER or IA. The funds are still in the Plan and will get distributed this year. How do you correct the 1099R issued. It was a ROLLOVER Distribution not a cashout. Do you simply complete a CORRECTED 1099R for 2023? Do you enter 0.00 for the taxable amount and not enter a code?