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I just want to point out that one should not assume that the IRS always responds positively to these requests (extension of 60 day rollover period).

The taxpayer who is told that the IRS will not respond positively has the right to withdraw the request, rather than have the IRS go on record as responding negatively. So (and I don't have any first hand knowledge that this has ever happened) it is posible that the IRS has turned down some or many requests.

Barry Picker, CPA/PFS, CFP

New York, NY

www.BPickerCPA.com

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