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Retirement tax questions
You will receive 1099-R form from the plan administrator to report. If it is direst trustee-to-trustee rollover (as it should be) the 1099-R will have a code G on box 7.
Like kind rollovers [401(k) Roth to Roth IRA, and Traditional 401(k) to Traditional IRA are tax free.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎April 24, 2020
1:09 PM