IRS relief for Hurricane Ian affected areas
I read a post from Sarah Brenner on Ed’s website.
The post talks about relief for participants whose IRA rollover check was deposited in a new 401(k), trustee to trustee rollover.
Does anyone know the form that needs to be completed along with their 1040 to get the relief?
Permalink Submitted by David Mertz on Wed, 2022-11-16 15:27
With respect to rollovers, the relief is essentially an extension of the 60-day deadline for completing an indirect rollover. It has nothing to do with a direct rollover where the funds were paid by the IRA directly to the receiving 401(k) since a direct rollover is not subject to the 60-day deadline.
Permalink Submitted by Geoffrey Kasher on Wed, 2022-11-16 15:30
One less issue to think about today. 🙂