Got a letter today from the IRS saying I owed $8K ($6500 in tax, $1500 interest & penalties) from my 2016 taxes. :eek:
Looking into it, in December 2016, I requested a rollover check from a company that held a small 401K ($28K). They cut the check on 12/27/16. I received it and forwarded it to my current 401K in January of 2017. So the distribution was shown as a 2016 transaction, even though it probably wasn’t even mailed in 2016, because of the holidays.
So lucky me, now I have to convince the IRS that I don’t owe diddly. Fun.