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IRS.gov Website
Publication 970
taxmap/pubs/p970-035.htm#en_us_publink1000178573

Rollovers and Other Transfers(p59)

rule
Assets can be rolled over or transferred from one QTP to another. In addition, the designated beneficiary can be changed without transferring accounts.
taxmap/pubs/p970-035.htm#en_us_publink1000178574

Rollovers(p59)

rule
Any amount distributed from a QTP is not taxable if it is rolled over to another QTP for the benefit of the same beneficiary or for the benefit of a member of the beneficiary's family (including the beneficiary's spouse). An amount is rolled over if it is paid to another QTP within 60 days after the date of the distribution.
Do not report qualifying rollovers (those that meet the above criteria) anywhere on Form 1040 or 1040NR. These are not taxable distributions.
taxmap/pubs/p970-035.htm#en_us_publink1000178575

Members of the beneficiary's family.(p59)

rule
For these purposes, the beneficiary's family includes the beneficiary's spouse and the following other relatives of the beneficiary.
  1. Son, daughter, stepchild, foster child, adopted child, or a descendant of any of them.
  2. Brother, sister, stepbrother, or stepsister.
  3. Father or mother or ancestor of either.
  4. Stepfather or stepmother.
  5. Son or daughter of a brother or sister.
  6. Brother or sister of father or mother.
  7. Son-in-law, daughter-in-law, father-in-law, mother-in-law, brother-in-law, or sister-in-law.
  8. The spouse of any individual listed above.
  9. First cousin.
taxmap/pubs/p970-035.htm#en_us_publink1000178576

Example.(p59)

When Aaron graduated from college last year he had $5,000 left in his QTP. He wanted to give this money to his younger brother, who was in junior high school. In order to avoid paying tax on the distribution of the amount remaining in his account, Aaron contributed the same amount to his brother's QTP within 60 days of the distribution.
EIC
If the rollover is to another QTP for the same beneficiary, only one rollover is allowed within 12 months of a previous transfer to any QTP for that designated beneficiary.
taxmap/pubs/p970-035.htm#en_us_publink1000178578

Changing the Designated Beneficiary(p60)

rule
There are no income tax consequences if the designated beneficiary of an account is changed to a member of the beneficiary's family. See Members of the beneficiary's family, earlier.
taxmap/pubs/p970-035.htm#en_us_publink1000178579

Example.(p60)

Assume the same situation as in the last example. Instead of closing his QTP and paying the distribution into his brother's QTP, Aaron could have instructed the trustee of his account to simply change the name of the beneficiary on his account to that of his brother.