@NCperson wrote:
@Blake13 -did she cash out her 401(k),receice a check, deposit it in bank and then you sent a new check (presumably with your name on it) and deposit it into your IRA?
or was a check issued by her administrator and that check was presented to the incoming adninistrator of the IRA...
it may make a difference on how you approach this.
Also, are you still within 60 days from the time the money came out of her 401(k)?
In my answer I assumed the taxpayer received the funds themselves. I would trust that either the sending plan or the receiving plan would figure out that sending money from a 401k for Jane Doe 556-77-8899 to an IRA for John Smith 123-88-9999 was not permitted and block any direct transfer.
