I made a huge mistake with my 401(k) and incurred a $300k tax bill - am I totally stuck?

The OP realized that their straightforward rollover from a 401K to a Roth IRA incurred a staggering $300,000 tax bill due to a misunderstanding of tax implications.

Due to a 2018 law change, the OP's mistake cannot be amended, leaving them with limited options and emphasizing the importance of understanding retirement account transfers.

In response to the mistake, commenters suggest contacting the IRS and consider hiring a CPA, highlighting a crucial step for anyone involved in tax issues.

Read at 24/7 Wall St.