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New Member
posted Apr 3, 2023 5:59:16 PM

pension plan

Is a 100 K roll over from an employer funded Retirment fund into a traditional IRA taxable?

0 3 1107
3 Replies
Level 15
Apr 3, 2023 6:13:59 PM

No. The roll over would not be taxed. 

Expert Alumni
Apr 3, 2023 6:14:54 PM

No, this is not a taxable event. It is required to be reported on Line 5a of 1040 but is not included in the taxable amount on line 5b.

 

Level 15
Apr 3, 2023 6:17:26 PM

Did you get a 1099R for it?  What code is in box 7?  Did they take any tax withholding out of it?