4013b rollover to traditional IRA

Shannon40
Shannon40 Member Posts: 1 Newcomer
in Retirement Income

In 2025, after switching jobs I rolled over my 403b at my previous job to a new Traditional IRA at Charles Schwab. Will I need to wait for tax forms (1099-R or other) and will they be coming from the bank that held my 403b or from Charles Schwab. I did not take any distributions.

Tagged:

Comments

  • MatthewD
    MatthewD FreeTaxUSA Admin, FreeTaxUSA Agent Posts: 729 image
    Hi Shannon40,

    It is very possible that you may not get a 1099-R if it was a qualified rollover. Contact the bank that held the 403b and find out if they are sending a 1099-R.
  • tmussel
    tmussel Member Posts: 3 Newcomer

    Direct rollovers from a 403b to an IRA will generate a 1099-R with a distribution code "G". The 1099-R will come from the company that serviced the 403b account. Since the rollover is not taxable, the form is more for your records—you do not need to report it on your tax return.

Categories