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.**