- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
The Tax Cuts and Jobs Act of 2017 suspended until 2026 any miscellaneous deductions subject to the 2% of AGI floor, so you cannot take this deduction on your 2024 tax return. You might treat the distribution of this unrecoverable basis as a rollover to your Roth IRA, increasing your basis in Roth IRAs.
‎February 16, 2025
7:44 AM