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Level 1

Total distribution deceased husband's( DOD 11/23/18) retirement account received 12/18/18, Can I still deposit to a qualified account for 2018 year today?

Can I claim hardship or extenuating circumstances due to death that it was not completed in 60 days? 

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Level 1

Total distribution deceased husband's( DOD 11/23/18) retirement account received 12/18/18, Can I still deposit to a qualified account for 2018 year today?

You were required to transfer the amount into a qualified account within 60 days of the date of distribution in order for the lump-sum not to be taxable.

 

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Level 1

Total distribution deceased husband's( DOD 11/23/18) retirement account received 12/18/18, Can I still deposit to a qualified account for 2018 year today?

You were required to transfer the amount into a qualified account within 60 days of the date of distribution in order for the lump-sum not to be taxable.

 

View solution in original post

Level 1

Total distribution deceased husband's( DOD 11/23/18) retirement account received 12/18/18, Can I still deposit to a qualified account for 2018 year today?

No exception for extenuating circumstances or hardship due to the death?  
Level 1

Total distribution deceased husband's( DOD 11/23/18) retirement account received 12/18/18, Can I still deposit to a qualified account for 2018 year today?

Yes.  There are circumstances when the rollover period may be waived.  You will need to visit irs.gov and review the page entitled: Retirement Plans FAQs relating to Waivers of the 60-Day Rollover Requirement at

<a rel="nofollow" target="_blank" href="https://www.irs.gov/retirement-plans/retirement-plans-faqs-relating-to-waivers-of-the-60-day-rollove...>.