Rev. Rul. 2019-19: Failure to cash retirement plan distribution check does not allow recipient to exclude income

In Rev. Rul. 2019-19, the IRS ruled that that an individual’s failure to cash a distribution check from a qualified retirement plan does not allow the individual to exclude the amount from gross income and also does not affect the withholding obligations of the plan administrator.

Click Rev. Rul. 2019-19 to see full revenue ruling.

Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal..

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