asked

My wife's former employer ended her 401k in late 2020, sending a FBO check payable to her IRA company in December 2020, which was received by the new firm in January 2021. Since the rollover occurred in two tax years, are we liable for any taxes? What documentation do we need? I have a copy of the check and that it was received by the new firm in January 2021.

November 27th, 2023

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