Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
fairyland4--3
New Member

What if I stopped working for a company and they closed out my savings account and sent it to me? How would I list that on my taxes?

 
1 Best answer

Accepted Solutions
xmasbaby0
Level 15

What if I stopped working for a company and they closed out my savings account and sent it to me? How would I list that on my taxes?

To enter your retirement income, Go to  Federal> Wages and Income>Retirement Plans and Social Security>IRA  401 k) Pension Plan Withdrawals to enter your 1099R.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

View solution in original post

3 Replies
xmasbaby0
Level 15

What if I stopped working for a company and they closed out my savings account and sent it to me? How would I list that on my taxes?

Savings account?  Was it a 401k or some other type of retirement account?  Do you have a 1099R for that?
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
fairyland4--3
New Member

What if I stopped working for a company and they closed out my savings account and sent it to me? How would I list that on my taxes?

Yes, I have a 1099-R.
xmasbaby0
Level 15

What if I stopped working for a company and they closed out my savings account and sent it to me? How would I list that on my taxes?

To enter your retirement income, Go to  Federal> Wages and Income>Retirement Plans and Social Security>IRA  401 k) Pension Plan Withdrawals to enter your 1099R.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
Dynamic AdsDynamic Ads
Privacy Settings
v