<p>I am hoping someone can assist me. I was finally able to get the IRS data retrieval tool that differs from my self reporting and I want to make sure I am reporting accurate information. My wife rolled over a previous company's IRA in 2011 and it was in her new company's account in 2012. She received a 1099-R showing a gross distribution with $0 taxable and distribution code of G. </p>
<p>I had previously put $0 on the question: Untaxed portions of pensions from IRS Form 1040-lines (16a minus 16b). Exclude rollovers. If negative enter a zero here. I put zero because it was a rollover. The instructions on the 1040 say to subtract rollover amounts from the total and my 1040 even says "ROLLOVER" in the margin next to the entry. </p>
<p>However, my IRS direct retrieval lists the full amount of the rollover amount. I am reluctant to submit the FAFSA with this information because I believe this to be inaccurate.</p>
<p>Thank you…being that my D has applied to 12 schools, should I leave the information as is (listed as “filed” and my numbers input) until she gets her financial aid and then complete the retrieval? I would hate to send the paper copies to all 12 schools.</p>
<p>I’m a CPA. I would definitely leave it as is, and then if verified, deal with it. Plus, by May 1st, you’ll know where she is going. When my kids were verified it was done during summer. I think you are taking a much bigger chance, and making more work for yourself, by having IRS transfer incorrect data and then trying to get it corrected by the schools.</p>
<p>Thank you!!! I will take your advice and leave it as is and deal with it if she is verified. The data I reported is factual and I can document it so I do not feel as though I am misleading anyone.</p>