stc112211
New Member

IRA contributions.

In 2015 I retired from Texas Teacher retirement system.  I did not start drawing my pension until March of 2016.  I had cashed in several years of service back in 1989.  I bought back 8 yrs of service in Feb 2016 for about $41,000.  When I with drew the money I paid Fed taxes on the amount.  In 2016 when I bought back my years I paid for it with taxed money.  Can I claim some of that money as a IRA contribution or some other deduction.