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Level 2
September 16, 2023
Question

401k Withdrawal

  • September 16, 2023
  • 10 replies
  • 24 views

I withdrew my entire 401k and I can’t remember if I entered the information when I filed my taxes. I want to make sure I don’t need to amend my taxes. Where can you find that on your tax documents to show you already added it?

10 replies

VolvoGirl
Level 15
September 16, 2023

Check if it's in your 1040 line 5a  (gross amt) and  5b (taxable amt).   And any withholding in box 4 on line 25b.

 

Level 2
September 16, 2023

There are amounts in 4b (taxable amount) and 25b. Does that mean I did add it?

VolvoGirl
Level 15
September 16, 2023

No.  4b is for IRA withdrawals.  A 401k is on line 5 unless you made a mistake entering it.  Do you have any other 1099R forms?  If your 401K got on line 4 the IRS might miss it and say you didn't report it.