I think I know the answer, but I wanted confirmation that I essentially shot myself in the foot when I deposited the 401k disbursement check of $70 into my checking account without realizing that I needed to send that check to my IRA. I did not realize this until I got my 1099R. Is there anything that I can do at this point to avoid the tax penalty? It was an honest mistake, but I understand that it was my responsibility.