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Financial Planning / Tax Strategies


Subject:  Roth rollover Date:  12/17/2001  10:38 PM
Author:  WalStMonky Number:  56092 of 127642

OK, so I withdrew the funds from my Roth, had them withhold enough to get to the safe harbor, and will roll it over into another Roth IRA. I know this must be done within 60 days. My question is, if I wait to 2002 to deposit the funds into the new Roth IRA, will I take care of this all on this year's return or will it need to be addressed in both years? The withdrawl was less than my contributions, so I don't believe I'll have any tax liability.
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