michele
Level 7
02-17-2022
04:40 PM
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she has a 401 k thru employer then personal investments which this 1099 personal IRA with the exception code. My gut says this was a rushed idea that took place on 12/29/2021 as the investment advisor notes that date as what happened. I just wanted to see if it really was a conversion. but would they have done 2 1099's one for the conversion and another for the amount she did not convert and pocketed to me that would have made since if you are not converting it all then there should be more than one 1099 but sometimes logic does not win out.
thx