TurboTax

File with experts
File your taxes
Experts at your fingertips

An expert helps with your taxes, or does them for you
TurboTax Expert Full Service

TurboTax Expert Assist

TurboTax Self-Employed
Prior year taxes
File myself
File myself
Do it yourself

We'll guide you step-by-step
TurboTax Do It Yourself

TurboTax Self-Employed

TurboTax Desktop
TurboTax Free

Activate your product

Prior year taxes
Business
Business
Business taxes

Get your T2 corporate return done right, your way
TurboTax Business

TurboTax Business Desktop
Tax situations
Tax situations
Tax situations

Find extra guidance for your big life moves
For investors

For 25 and younger

For self-employed

For new to Canada

For life changes
Resources
Resources
Resources

Explore tax tools, get tips, and read reviews
Personal income tax calculator

RRSP savings calculator

Learning hub

TurboTax support (FAQ)

TurboTax community
Pricing

Community

Question

Can someone summarize that part of IRS Pub 721 that allows a rollover of a US Gov annuity to an IRA (TSP) tax free? TT allow this option but does not explain why.

Forum|Forum|11 months ago
April 11, 2025
1 reply
0 views

I read an article that explained why I can contribute pre-tax $ from my pension (annuity) but cannot find it anymore. The IRS Pub is very confusing about what is and isn't allowed. I was able to contribute a small portion of my payment to my TSP acct last year and it lowered my income and taxes and shows as "rollover" on my 1040. Any help would be appreciated.

TurboTax Online

This article from tsp.gov explains it best. It states "You can roll over money from eligible retirement plans, such as a 401(k), 403(b), or traditional IRA, to your existing TSP account". This includes annuities.

Move money into the TSP

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"