Form 1099-R
Gold IRA Glossary
The IRS form a custodian issues when money or metals leave your retirement account, reporting the amount and type of distribution. You receive a 1099-R for withdrawals, indirect rollovers, and Roth conversions, and the IRS receives a copy. A direct trustee-to-trustee transfer between IRAs does not generate a 1099-R, which is one reason transfers are simpler.
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