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  • #1

    General question on tax return time frames

    Hello, everyone. I quit a job in Sept. 2017 received a notice in January 2018 that I had received a distribution of my pension fund. The tax reporting year listed is 2018. I am right now in the process of having it rolled into an IRA.

    So for tax return purposes am I to report it for 2018? I would assume at the end of this year I will receive some kind of form to use when I file in spring of 2019. Am I correct on that?
    "Is it hot in here to you? It's very warm, isn't it?"--Nero, probably
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  • #2
    Drop taxguykarl a PM.
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    • #3
      This is his busy season so I didn't want to bother him. I thought someone else might have experienced this.
      "Is it hot in here to you? It's very warm, isn't it?"--Nero, probably

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      • #4
        Time of the transaction. If it occurred in 2018, it will be in your 2018 filing.

        If you rolled it into a classic IRA (not Roth), and you did it properly (you never touched the money), then you will have no tax obligation.

        I'm sure Karl will be by shorty and correct me.
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