sedgehammer
Returning Member

Had to close my 401K. Can the tax hit be moved to next year?

Got stuck in a bad year. I became disabled and we ran into a problem in paying bills. My wife had a loan on her retirement account and couldn't make the payments, so she closed her retirement account. They took out taxes from the remaining balance, now it's making a bit hit on our return. Next year would be a better year for the tax hit, is there a way to move it? Thank you