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Retirement tax questions
That is what I was thinking. We sometimes think that what is sitting in my bank account is taxed dollars when in this case it has "CRD untaxed dollars in it " I was able to talk to someone at IRS yesterday that poked into all the Knowledge articles on this as well.. her conclusion was similar - not perfect but indicated that it needed to go back into that Roll-over IRA to be counted as Repayment... I am pretty clear that it can go back into another Qualified Retirement Account but it needs to come from the checking account from that balance of CRD pre-taxed dollars and not pre-tax employee contributions. Thanks for the Validation.
ā€ˇFebruary 24, 2021
6:23 PM