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walkbig1
New Member

I did a direct transfer of 35K from TSP to a tradnl IRA in 2018; only 32K went to the IRA; they sent me a 3k check. Can I send the 3K to my IRA without being taxed?

 
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MinhT
Expert Alumni

I did a direct transfer of 35K from TSP to a tradnl IRA in 2018; only 32K went to the IRA; they sent me a 3k check. Can I send the 3K to my IRA without being taxed?

No, you cannot send $3,000 to your IRA to avoid taxation on that amount if more than 60 days have elapsed since you received the check, as this is the maximum time for a roll-over.

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1 Reply
MinhT
Expert Alumni

I did a direct transfer of 35K from TSP to a tradnl IRA in 2018; only 32K went to the IRA; they sent me a 3k check. Can I send the 3K to my IRA without being taxed?

No, you cannot send $3,000 to your IRA to avoid taxation on that amount if more than 60 days have elapsed since you received the check, as this is the maximum time for a roll-over.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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