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1099-R code 4 and code 4G
After my husband's death in 9-2023 I rolled over his 401K into my own with Empower. I took the 2023 RMD from the combined account. Empower sent me an additional small check saying that not all of his investments were compatible with my account and that the check amount was for an investment that could not be rolled over. Now I have received 3 1099-Rs - one for my combined account withdrawal, one for the investment that could not be rolled over (distribution code 4) and one for the remainder of my husband's account that I rolled over (distribution code 4G).
My question: will I have to pay tax on my husband's rolled over account, distribution code 4G?
‎January 19, 2024
10:44 AM