If you want to look for problems you can easily create them under the worst of circumstances. It’s highly unlikely they will ever question this.I have no doubt it is legal, based on all the comments. But based on others experience, I think it would also be highly likely that the IRS might request some form of documentation re: the timing of ones "indirect rollover". And therein lies my problem. It would be my luck they send me a letter in June, shortly after I head out on the high seas, with no mail access until September.Brokerage CSR’s aren’t supposed to give tax advice, so it’s no surprise if they respond with “Consult your tax professional.“ I’m sure most responded the same way when asked about how to do a Backdoor Roth.
Cheers
Statistics: Posted by Silk McCue — Thu Dec 05, 2024 9:33 am — Replies 61 — Views 2803