Washington, March 6 -- Congresswoman Gwen Moore issued the following press release:
Today, Representatives Gwen Moore (D-WI), Brian Fitzpatrick (R-PA), Debbie Dingell (D-MI), and Young Kim (R-CA), Chairs of the Bipartisan Working Group to End Domestic Violence, called on the Internal Revenue Service (IRS) to use its discretionary authority to revise Revenue Procedure 2020-46 to facilitate the process by which survivors of domestic abuse may avoid taxation for missing the 60-day deadline to roll over retirement funds.
In a letter to the IRS, Representative Moore and her colleagues urged the agency to add domestic abuse to the list of permissible reasons individuals may self-certify when requesting a waiver of the 60-day rollover requiremen...