Solved: I changed jobs and rolled my 401k into an IRA last year. Is there a deduction for that?
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dpgonzo
New Member

I changed jobs and rolled my 401k into an IRA last year. Is there a deduction for that?

 
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Texas Roger
Level 15

I changed jobs and rolled my 401k into an IRA last year. Is there a deduction for that?

No there is no deduction for a rollover from a 401K into an IRA. You should have received a 1099-R for the rollover which must be entered on your tax return. 

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Texas Roger
Level 15

I changed jobs and rolled my 401k into an IRA last year. Is there a deduction for that?

No there is no deduction for a rollover from a 401K into an IRA. You should have received a 1099-R for the rollover which must be entered on your tax return. 

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