BobKamman
Level 15
12-12-2024
05:35 PM
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@abctax55 wrote:
Actually... she probably gets a F 1099-R for the QDRO transfer, but it should be marked as a transfer and zero taxable.
Either your client is wrong (imagine that) OR it wasn't done correctly.
UNLESS, there's some odd thing that happens with government retirement monies that get shared with the ex. The main recipient gets tagged with all of it, but the ex gets some of the distribution. I've had ONE of those in my career 😉
I think that just happens with military retirement. The spouse gets the percentage awarded, after withholding on the retiree's payment. So the retiree has as much withholding as possible, even if not needed, and gets to keep the entire refund.