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Will I receive a 1099 if I initiated a direct rollover of my 401(k) account in 2023, but the money wasn’t deposited into the new retirement account until 2024?
I changed jobs and decided to do a direct 401(k) rollover into a new financial institution. The employee at the previous financial institution told me I would receive a 1099, but I wasn’t sure if I’d receive it for this tax year or next because the money wasn’t deposited until January 2024.
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February 8, 2024
4:39 PM