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[[Thanks for the response, Roy! (I didn't even see it at first, because there have been so many posts
lately. Whew! You need to hook up with Tony and head to Aruba!)]]

Soon...very soon...two week dive trip to the Turks in early May...if I survive...

[[ I think the confusion arose because of WHEN I sent in the paperwork (towards the end of
December, I should have waited until January because I knew the whole process wouldn't be
finished by the end of 1998). Also, the 401(a) refused to do a direct rollover to my wife's mutual
fund, instead they insisted on sending us the check (made out to the mutual fund, NOT my wife).]]

Sounds reasonable.

[[ I suppose this means that a distribution did indeed take place in 1998 in the eyes of the IRS, but it
should be considered a nontaxable event for 1998 (since we had 60 days to put the funds into an
IRA before taxes and penalties would kick in).]]

Absolutely correct...

[[ So I think I should be okay in including the amount on Line 15a, but none of it on Line 15b or on
Form 8606. Hopefully this is the safest route to take.]]

Again, absolutly correct...

[[ Thanks again! (If my analysis sounds half-baked, please let me know!) ]]

I think that you are right on the mark. Nice analysis.

TMF Taxes
Roy
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