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New Member
posted Jun 4, 2019 12:55:26 PM

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

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1 Best answer
Level 15
Jun 4, 2019 12:55:29 PM

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. 

1 Replies
Level 15
Jun 4, 2019 12:55:29 PM

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.