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tazi345
New Member

Recently retired from state of California position. Is the amount of money that I received on my 1099R considered a cash payout or considered as returned to account?

 
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MichaelL1
Level 15

Recently retired from state of California position. Is the amount of money that I received on my 1099R considered a cash payout or considered as returned to account?

It is considered a payout unless you rolled it to another retirement account within 60 days. 

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MichaelL1
Level 15

Recently retired from state of California position. Is the amount of money that I received on my 1099R considered a cash payout or considered as returned to account?

It is considered a payout unless you rolled it to another retirement account within 60 days. 

View solution in original post

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