Ira rollover

[gman]

The only income a taxpayer has is social security and a rollover from one IRA to another. No distributions. Would a taxpayer have to file a return if a 1099 r was issued showing a rollever.

[Super Mom]

No, I don't think so. The 1099 R should have a distribution code for a rollover, otherwise anticipate a CP2000.

[Lion]

If you don't file a return, the statute of limitations never starts running.

[RitaB]

I would say

The only income a taxpayer has is social security and a rollover from one IRA to another. No distributions. Would a taxpayer have to file a return if a 1099 r was issued showing a rollever.

I say file the return if the rollover is greater than the filing threshold. IRS doesn't know that code is correct. They're incorrect everyday and twice on Thursdays.