A rollover from an IRA or 401K to an IRA or 401K is not taxed. It isn't clear what she is doing, but it is unlikely to be correct. She should see a tax professional.I am sure you are right at the Federal level. I think she is saying this is a State of New Jersey thing. I already suggested she see a tax professional, but she is too cheap to do that. As a practical matter, I wash my hands of this.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra