I have a client 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.

bldubey · ‎04-12-2021

Just-Lisa-Now- · ‎04-12-2021

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 · ‎04-13-2021

"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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I have a client 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.

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