You'll need to sign in or create an account to connect with an expert.
No, that is not an exception to taxing a retirement account distribution. Federal taxes are never deductible on your Federal return.
If it was for state taxes, then it can be reported as an itemized deduction.
No, that is not an exception to taxing a retirement account distribution. Federal taxes are never deductible on your Federal return.
If it was for state taxes, then it can be reported as an itemized deduction.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Winny1
New Member
lisa.karam9535
New Member
Helen M
New Member
mg36799
New Member
mrloom
New Member