You'll need to sign in or create an account to connect with an expert.
If you chose indirect rollover, your old plan sends you a check with the cash and withholds 20% of your funds. If you later roll the distribution over within 60 days, you must use other funds to make up for the amount withheld.
If you roll over the full amount of any eligible rollover distribution you receive (the actual amount received plus the 20% that was withheld):
If you rolled over the $$ to another retirement account, and you received a 1099-R for it, then you enter the 1099-R into the software...BUT...then you need to answer some of the questions after the main form, to indicate what you did with the $$...like put the $$ in another Retirment account within 60 days. Then the $$ you rolled will not get included in your AGI.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
jsryan793
New Member
Charlie1948
New Member
X3rx3s
New Member
PRGearup1
Level 2
moorejohn
New Member