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Retirement tax questions
same here. I have the same issues. plus Broker send my after Tax 401k rollover to traditional IRA first and then roll the traditional IRA with after Tax money to a new ROTH contributory account for me . It should be done directly to Rollover ROTH IRA. Now I got a 1099-R from my broker and Box 2 is listed as taxable . The 1099-R from 401k management company also send me one 1099-R and the after Tax portion is listed on Box 5.
My spouse also did the same 401k rollout to IRA/ROTH IRA and did nor get any 1099-R from the Broker because the after Tax portionwas done with direct rollover to ROTH IRA.
Thanks in advance for any advice or suggestions.
‎July 14, 2020
7:28 PM