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Is an RMD required in the year a spouse deceases? I have a client that lost her husband in September...

Is an RMD required in the year a spouse deceases? I have a client that lost her husband in September...

3 traditional Separate IRA accounts and Recharacterized $2,000 in l account. 12/27/13 converted all 3 into 3 separate Roth Conversion...

Welcome to Tax Planning Week at The Slott Report - a week where each of our experts verse all of us in one issue they feel is extremely important as you organize your paperwork and hop on TurboTax or send it off to the local CPA. Click for more Tax Planning information.

When I closed my 401k, I took my esop shares in the company as “as like kind” shares to take...

The Slott Report Mailbag is full of inquiries on one of our most discussed topics, the Roth IRA 5-year rules, as well as a question that came from our Wednesday article on where you report your 2013 Roth IRA contributions on your tax return (hint: nowhere!). Click for this week's Q&A with our IRA Technical Expert.

Has Ed Slott addressed this issue in any monthly newsletters or other writings? Client is currently permitted to do an...

Tax Court Changes the
Game for IRA Rollovers
Court Rules Once-Per-Year
Rollover Rule Applies to All
of a Taxpayer’s IRAs
New MyRA Retirement
Account Introduced
• Facts of the Case
• IRS Says Only One of Three
Rollovers was Valid
• Tax Court Ruling Throws a
Double Whammy Once-Per-
Year Rollover Rule Curveball
• Once-Per-Year Rollover Rule
Essentials
• Once-Per-Year Rollover Rule
with Multiple IRAs
• No Relief When Violating the
Once-Per-Year Rollover Rule
• The Tax Court’s Final
Decision
• Spouse’s IRA Rollover Was
After 60 Days
• 20% Accuracy-Related Penalty
• Impact on Clients Who Did
Multiple Rollovers in Prior
Years
• A Final Thought
–

If you made a Roth contribution for 2013 and are now preparing your tax return, you may be wondering where to report it. Chances are, however, that if you’ve been looking, you’ve been looking for a while. It’s very difficult to find where these contributions are reported. Actually, truth be told, it’s impossible.

I could use some advice on an issue of excess contributions. I contributed the maximum to my employer’s 401(k) during...