dmertz
Level 15

Retirement tax questions

If you have sufficient funds in the 401(k) or in an IRA, you could take an additional distribution from the 401(k) or IRA in January 2018 and use that money to fund a partial rollover to an IRA of the December 2017 401(k) distribution, effectively transferring some of the income to 2018.  The rollover would have to be completed by the 60th day following the 2017 distribution from the 401(k).  Doing so might drop some of the income to a lower tax bracket.