bldubey
Level 1
04-12-2021
08:04 PM
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Level 15
04-12-2021
08:38 PM
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Can you get the 3 year spread for a roth conversion?
The idea was to take money out because you were adversely affected by Covid, not to convert to a ROTH.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
qbteachmt
Level 15
04-13-2021
10:42 AM
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"that took a dist from their 401k and rolled it into a Roth IRA, however, I am unable 2 get the program 2 show it as a 3 year event. The r/o was indirect."
This doesn't qualify for disaster distribution.
The disaster qualification would only be a rollover that is a nontaxable event. The provision isn't for taxable conversions.
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