Just when you thought it was safe to forget all about taxes …. a seemingly straggling form may arrive.
- Usually arrives in May
- Confirms with the IRS that you rolled over your 401k, IRA or other taxable distribution to another plan
- Confirms to IRS that Funds rolled over are not taxable
- Applies to the prior tax year, not this year
- Causes angst due to the late arrival (tossed this one in based on truth)
These are the main characteristics of this seemingly tardy tax form. Now you know… just a reminder!
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Happy Friday … You know …. time with those special !!!