@LaurenG1020 wrote:
My husband says he is 100% sure that the rollover will occur once June comes. He is just not eligible to open the 401K at his new company and rollover the previous until he has been there until June.
Then go ahead and report it if he already has the job. Because the receiving 401(k) plan does not report anything to the IRS, recently the IRS had been sending letters asking for proof that the rollover actually occurred such as a statement from the plan that shows the deposit. Those letters are not usually sent prior to the close of the tax year, after Oct or the next year, so you should be okay by then.
**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.**
