Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- ProSeries Tax
- :
- ProSeries Tax Discussions
- :
- Re: QUALIFIED PLAN LOAN OFFST
QUALIFIED PLAN LOAN OFFST
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
tracie
Level 2
11 hours ago
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
TAXPAYER HAD A $17,079 QUALIFIED PLAN LOAN OFFSET
Is she still eligible to roll over the $17,079 distribution until April 15th, 2025? Am I understanding correctly?Any guidance is appreciated!
Extended Rollover Period: The Tax Cuts and Jobs Act of 2017 extended the rollover period for QPLOs to the due date (including extensions) for filing your tax return for the year in which the offset occurs
Labels
1 Comment 1
Just-Lisa-Now-
Level 15
6 hours ago
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
If the code in Box 7 is an M, I believe you're right, they have until the due date to roll that back into a retirement account.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
