JosephF8
Expert Alumni

Retirement tax questions

Unless you have other deposits into the IRA, your amount previously taxed is limited to the 401k contributions you made prior to Jan.1, 1984. 401k contributions after that date were not taxable income at the time of contribution.

 

So, unless you had contributions to the 401K prior to 01/01/1984, your amount previously taxed is $0.

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