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Financial Planning / Tax Strategies


Subject:  Re: Multiple rollover problems and 1099-R Date:  3/25/2008  8:42 AM
Author:  DeltaOne81 Number:  99730 of 123001

It sounds like the 1099-R from the insurance company is correct (although the income isn't taxable if all the conditions of a rollover were met), but the one from the bank is not, but Carl really needs to speak with the bank and figure out why they issued a 1099-R.

Money coming out of a money market account does not