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The paying back of CSRS sounds like a CSRS redeposit. I believe that the redeposit becomes part of the employee cost (basis) of the CSRS pension, resulting in part of each eventual pension distribution being a nontaxable distribution of basis. A redeposit is not reportable on your tax return.
The TSP and 401(k) distributions are reportable on your tax return. They will be taxable and, if you are under age 59½, will be subject to an early-distribution penalty. The fact that the money from the TSP and the 401(k) was used to fund the redeposit does not change the nature of the TSP and 401(k) distributions. Funding the CSRS redeposit is not a rollover.
The paying back of CSRS sounds like a CSRS redeposit. I believe that the redeposit becomes part of the employee cost (basis) of the CSRS pension, resulting in part of each eventual pension distribution being a nontaxable distribution of basis. A redeposit is not reportable on your tax return.
The TSP and 401(k) distributions are reportable on your tax return. They will be taxable and, if you are under age 59½, will be subject to an early-distribution penalty. The fact that the money from the TSP and the 401(k) was used to fund the redeposit does not change the nature of the TSP and 401(k) distributions. Funding the CSRS redeposit is not a rollover.
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