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Usually when this happens, the trustee of the 401-k is notified and they pay the spouses share directly to the spouse.
Was your situation not handled this way?
yes I paid him directly
You paid him, not the trustee of the 401-k?
Did you get the 1099-R?
for the whole thing with your ss#?
yes I paid him. I did get a 1099-R. Something from Wells-fargo with the whole thing in my ss#.
OK, there's a couple ways to handle this; how are you doing your return, ie TurboTax, H&R etc. by hand, what?
ok, just a minute, I need to check a form............don't leave, brb
In your situation, the best way to do this is to put 100% of the distribution on line 16a & 1/2 of it on 16b (the taxable amount)
However, you need to attach a note referenced by an ** next to the taxable amount & in the note say :
Taxable amount determined based upon divorce decree; 1/2 of total distribution paid to XXXXX XXXXX SS#NNN-NN-NNNN/p>
That should do the trick, no guarantees; but the IRS computer should only match to 16a
If it kicks out; hopefully someone will check your note
However they may send you a computer notice & you'll have to send them all the same stuff again
Sweet just a typed message to file with my tax return?
Because, it should have been handled through the trustee & then you would have each got a 1099 for your share.
Do you have the cancelled check from your ex-husband?
Same stuff? u mean tax return or divorce papers. We did our divorce ourselves and yes I have the cancelled check.
who knows what they will want, but I meant the supporting statement
I was about to tell you to attach a copy of both sides of the cancelled check below that statement
All of this is an attempt to satisfy them before they send any notices
well its a copy of the written check.
I presume that Mr. ex knows he has to pay taxes on this and isn't being a s--- about it?
Yes a copy of both sides of the written check..........
Both sides is important
oh he is not being reasonable at all. I can get that from my bank
What you don't have the check............it one of those accounts where they don't return the checks?
Well if you can get it without moving heaven & earth, do it, if not..........don't worry about it
I think I can get it. thank you so much I dont feel so victimized.
OK so he's a pain..........just tell in writing.............a last "sweet" note as you call it.............that his name & social security number is XXXXX your tax return as receiving that payment............
If you want to shake him a little, just make out a 1099-R (you can get one at IRS.gov) & send it to him, with you as the payor
You don't actually have to file it with the IRS, but he doesn't need to know that
sweet! I am gonna do just that. Thank you so much.
the idea is to put him notice so he can't play "Mickey the Dunce" later on..............
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And he would. Thank you so much for all youradvice. And for the hope. Have a wonderful evening
Feedback is most appreciated. (I might earn a T-shirt)
U got it! thanks again
U R Welcome