About Mr--B-

Mr--B- · ‎June 3, 2019

In this case, it was a trustee-to-trustee transfer. I didn't receive cash outright. It was a transfer from her Roth to my Roth IRA. There was no "cash". I'll modify my original question to clarify this.

Mr--B- · ‎June 3, 2019

After I posted this question I contacted the IRS. Here is their answer: My transfer is considered an inherited Roth. Because, in my case, it is due to either a 1) Divorce or 2) Separate Maintenance Decree (such as a PSA, Property and Support Settlement Agreement) it is considered a tax-free transfer. It is not a rollover, it is not a conversion, and it is not a recharacterization. It is also not a contribution. It is therefore not reported on my tax return. So I don't need to report it at all on my tax-return and more importantly, there is no tax penalty.

Mr--B- · ‎June 3, 2019

During a divorce, I received part of my ex-spouse's Roth IRA. It was passed from trustee to trustee (no cash was ever in my hands) directly into my own Roth IRA. It was greater than the 5,500 allowed each year for a contribution. But if this was a rollover, conversion or a recharacterization then I don't think it's a contribution so I won't worry about exceeding the 5,500 limit.

Date Registered	‎June 3, 2019 11:58 AM
Date Last Visited	‎June 3, 2019 12:29 PM
Total Messages Posted	3

In this case, it was a trustee-to-trustee transfer...

After I posted this question I contacted the IRS. ...

I received part of my ex-wife's Roth IRA from divo...