Thanks very much! Your assumption is correct. I am assuming one elects to tax over 3 yrs AND one rollovers over in 3 equal annual parts. That does make sense. If I may ask, where did you get that answer? The only official words I have been able to find are the Jt Committee on Taxation Report of 4-23-20. I did find this line: "In addition, if a portion of the distribution has not yet been included in income at the time of the contribution, the remaining amount is not includable in income." Is that what you are interpreting or did you find a more expansive interpretation?
