Thanks for helping! The 401K distribution was very little. The tax penalty was the least of my concern, but I was hoping traditional IRA contribution could have saved about $1000 of tax. Since the 401K was only opened a month and got distributed back to my account, I did not get any benefit, except paying some tax penalty and also the penalty of not been able to get tax deduction for IRA contribution. There really wasn’t any method to resolve this then?
Thanks for helping!
