Solved: I closed TSP and deposited into an IRA. Can I claim the retirement savings plan deduction?
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I closed TSP and deposited into an IRA. Can I claim the retirement savings plan deduction?

 
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Level 15

I closed TSP and deposited into an IRA. Can I claim the retirement savings plan deduction?

No.  A rollover is not a new contribution.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

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Level 15

I closed TSP and deposited into an IRA. Can I claim the retirement savings plan deduction?

No.  A rollover is not a new contribution.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

View solution in original post

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