Hello,
I am rolling over my 401K from a former company to a Roth IRA.
Does reporting this as income, as required, work the same as reporting Roth IRA contribution? Because contributions can be made until April 15th of the following year and be applied to the previous year's tax return, am I able to apply this rollover the same way?
Thank you
I am rolling over my 401K from a former company to a Roth IRA.
Does reporting this as income, as required, work the same as reporting Roth IRA contribution? Because contributions can be made until April 15th of the following year and be applied to the previous year's tax return, am I able to apply this rollover the same way?
Thank you