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Rollover distribution from Solo401k to IRA account
I am terminating my solo401k plan and doing a distribution to a regular IRA account.
I am a bit confused when filing the 1099-R where it requires a PAYER and a RECIPIENT's name and TIN.
The Solo401k plan was held in a trust account at one institution where I was the sole trustee. Is the "Payer" the actual trust's EIN or the company EIN that was operating the business or my personal SSN?
The IRA account is held in another institution under my name. Is the Recipient my own SSN?
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‎January 22, 2024
1:07 AM