jisalinas3878 jisalinas3878

11-07-2018
Business

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An employee requested that the balance of her 401(k) account be sent directly to her in one lump sum. upon receipt of the distribution, she immediately had the funds rolled over into an ira. what is the tax consequence of the distribution sent to this employee?

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lilaipo lilaipo

20-07-2018

The tax consequence of the distribution sent to this employee is that the Distribution is subject to federal income tax withholding.

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