Your Responsibilities After Rolling Over Iras
The Record, Bergen County, NJ › March 30, 2011
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Summary
Q: I had two individual retirement accounts invested in bank certificates of deposit. I decided to switch to another investment. The first one came due and bank employees closed the account and gave me the check, which I forwarded to the new institution.
When the second CD came due, a different bank employee gave me a transfer form to be filled out between the two institutions. I now know this was the correct way to do it. Now I've got a 1099-R for the first closed account at the bank, and I don't know how to prove that I immediately rolled it over. I did not receive a 1099-R for the second CD, probably because it was transferred between the two institutions.See the full content of this document
Extract
Your Responsibilities After Rolling Over Iras
How do I report this on my 1040? I'm not yet of retirement age and am still working.
Generally, a taxpayer can transfer assets from ...See the full content of this document
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