IRA early withdrawals

Are we allowed to rollover IRA withdrawals from prior years?

For example, 1995 or 2008 or 1980, you withdrew money from your IRA account and paid the fed tax and the 10% penalty on it. Are you allowed to put the money back into your IRA account in 2010 as a rollover?

Thank you for taking the time to assist me.

Patrocinia Ilangilang

Reply to
pi567
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No. Rollovers must be completed within 60 days of the withdrawal. See IRS Publication 590.

Phil Marti VITA/TCE Volunteer

Reply to
Phil Marti

If the rollover sources from the prior year AND is in the 60 day window, such is permitted.

Reply to
D. Stussy

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