An old job of mine distributed the funds in my old 401 and 457 account to me recently in a couple of checks, showing the amount withheld for taxes and then the checks were for the net distribution. I'm sending a check to Vanguard to add this money to my IRA as an indirect rollover, but I'm confused as to whether I write a check for the gross amount or the net??
They already told me they would automatically send a 5498 form to the IRA for the rollover. I asked them this question and they said "ask your tax professional."