I left my former employer in 1994, but left my 401K funds there. Fidelity administers it now. Does Fidelity send information to the IRS about the amount in the 401K? I assume I did not have to inform the IRS. However now that the money is an IRA I will be sending in the year end IRA amount to IRS in my tax forms. Is this correct? I still am of the opinion that my rollover should not be added to my income, even though it's not adding to my tax amount. However I do wonder if that jump in "supposed income" is making IRS ask me for estimated quarterly payments.
