Jump to content

Roth & divorce


Recommended Posts

Guest tbegley
Posted

Assume taxpayer converts to Roth in 1998 and elects 4 year spread of income. As part of divorce settlement, the Roth account is divided 50/50. Who reports the income in the subsequent years. Taxpayer who is converting will file MFS in 1998 (lived apart from spouse entire year) and will report 25% of total in 1998. Any ideas? The temporary regs do not seem to address this situation nor does any other literature I have seen.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

Terms of Use