Question
407B ROLLOVER TO AN IRA
I have a client who recieved a distribution form his 457B plan on a w-2 and then deposited it in his ira within 60 days. Can he do this? I'm thinking it should have been done institution to institution and maybe that would have been reported on a 1099R? At any rate, if he is allowed to do this, how would I show it on the return?
