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THE AMOUNT IS 12480. DO I PUT 6000. IN REGULAR & THEREST IN EXCESS??
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THANK YOU FOR REPLYING, THE IRS SAYS IF EMPLOYEE IS UNABLE TO REPAY, THEN ITS TREATED AS A DISTRIBUTION ON A 1099-R. BUT THEY CAN AVOID THE TAXES BY ROLLING IT ...
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I put in the 1099-R that was a loan. code L1.Loan was repaid back into an IRA.where does the rollover go?
