The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Re: Multiple rollover problems and 1099-R Date:  3/25/2008  1:36 AM
Author:  TMFPMarti Number:  99725 of 127549

4. Carl brings the checks to BoringBank, and signs more papers. At this point, Carl assumes that the IRA + Roth was moved from DaisyInsurance to BoringBank. Carl has no concept of "distribution". I am trying to find out the exact papers that were signed during this transaction ( or multiple transactions). This is all done within the 60-day time limit.

Those papers are critical. If the money got into IRAs at the bank in time to complete the rollover and the subsequent shuffling was nothing more than the bank moving it around the biggest problem Carl has is erroneous 1099's.

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us