SharonD007
Expert Alumni

Retirement tax questions

I agree with you. The Form 1099-R should be accurate. You do have 60 days from the date that you receive an IRA or retirement distribution to roll it over to another retirement plan or IRA. The IRS may waive the 60-day rollover requirement in certain situations. Please review the IRS article Retirement Plans FAQs relating to Waivers of the 60-Day Rollover Requirement

 

Please see the IRS article Rollovers of Retirement Plan and IRA Distributions for additional information.

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