Hi -
My wife had a 401k retirement account with a company that she left. It had a minimal amount of money in it and we didn't see the letter telling us they were going to close that account and needed to either roll over the money in a certain time period, or they would just send us a check. So, they closed it out an sent us a check. However, we wanted to roll it into an IRA, but they had already sent the check and took out the taxes. So...we rolled over the check into an IRA, and at the same time wrote a personal check to deposit that covered the taxes that they had taken out. Is there some way we can get a deduction, or credit, for paying (depositing) those taxes that we paid out of our own money. How is that done. I have Turbo Tax Deluxe.
