Private Letter Ruling
Jan 01, 2008OUTCOME: IRS granted the ruling request
Widow received a check from deceased spouse's IRA. She failed to realize cashing the check would subject entire proceeds to income tax and she did not understand she should have rolled the proceeds ove ... r to an IRA in her own name. We submitted a letter request to the IRS asking that she be allowed a late roll-over to her own IRA and asked that the income tax refund be awarded.
