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How do I claim a 401/TSP investment income deduction?

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Question
How do I claim a 401/TSP investment income deduction?

Answer

The reduction is probably already calculated on your W-2. Look for a difference in the amount of taxable income and social security income (boxes 1 & 3). The difference will likely be the amount of the reduction.


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Article Details
Views: 878 Created on: Jun 15, 2013
Date updated: Dec 07, 2018
Posted in: Income

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