in [Event] Ask the Experts: Tax Law Changes - One Big Beautiful Bill (OBBBA)
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Yes, this direct rollover from your IRA to your employer plan must be reported, but the $0 in box 2a means that it will be nontaxable. The amount from box 1 will be included on Form 1040 line 4a but will be excluded from the taxable amount on line 4b. The word ROLLOVER will appear next to line 4b.
Yes, this direct rollover from your IRA to your employer plan must be reported, but the $0 in box 2a means that it will be nontaxable. The amount from box 1 will be included on Form 1040 line 4a but will be excluded from the taxable amount on line 4b. The word ROLLOVER will appear next to line 4b.
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