@LaurenG1020 wrote:
It was made out to the 401(K) Plan. The code in box 7 is G.
OK. The 60 day rule does not apply to direct trustee-to-trustee rollovers (Code G), but to report it on your tax return as a rollover, it should have actually happened or you are certifying to a rollover that has not occurred.
Since you said June then you do not know if unforeseen circumstances might prevent it from occurring.
Personally I would not file until the rollover actually happens or you might be filing a false tax return.. You can file for an extension to file before Oct 15, 2021, but any tax due must be paid by April 15.
(That is one of the reasons that extensions exist - so you can have all the facts prior to filing.)
**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.**
