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Retirement tax questions
What is your question? A direct rollover is non-taxable if both the source plan and receiving plan qualify. However, if you got a 1099-R, you must report it on your tax return. Leaving the 1099-R off your return can trigger an audit because it shows income with no explanation -- you have to file to put in writing that it was a rollover and not a withdrawal. Did you get a 1099-R and did you report it?
‎December 2, 2025
9:30 PM