qbteachmt
Level 15

"in 2024 from IRA and his 401k."

Splitting an IRA isn't part of QDRO. Employer plan requires QDRO (retirement plan or pension) and follows ERISA. IRA uses Transfer. So, that's really two different fruits.

"direct deposited to the wife on his 1099-R"

To the wife's account(s) as which type of account(s), is the important detail.

"Shouldn't the ex-wife receive a 1099-R for the portion deposited into her account?"

It's certainly taxable to her, if these went to non-retirement account(s).

Her share of his IRA would be direct, trustee-to-trustee transfer to her own IRA. Otherwise, it's a distribution from his account and he gets a 1099-R (and got bad guidance, because he would have signed for this).

They also distributed his own share to him?

For QDRO, she becomes the alternate payee. That means gets a share of the pension payout from the administration, not the (ex-)spouse. Or, the 401(k) split is transferred-rolled into her IRA.

 

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