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401K - 1099-R box 7 G question
My husband's company was sold this year. The new owners closed his 401K and had the accounts cut a check to him. He then had to sign the check over to the new 401K plan. On the 1099-R box 7 has the distribution cod G for Direct Rollover, but it is still showing up as taxable income on my Personal income section of my taxes. Am I doing something wrong or am I just getting it stuck to me?
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‎April 10, 2025
2:01 PM