Retirement Tax Tips and Answers | TurboTax® Support

Can indirect rollover 401k check be deposited into checking account first?

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1 Reply 62 Views

1 Reply

62 Views

Found out I have excess 401k contribution after April 15, 2022. What to do?

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4 Replies 188 Views

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188 Views

Can I contribute to a Traditional IRA and a SEP-IRA, and maybe a solo 401K, for 2022?

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5 Replies 2040 Views

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2040 Views

1099R

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76 Views

401k Cares Act Covid Withdrawal and Repayment?

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90 Replies 8375 Views

90 Replies

8375 Views

Wrong 401k contribution on W2. What should I do?

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1 Reply 62 Views

1 Reply

62 Views

Repaid cares act withdrawal in 2023, need to file ammend returns

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7 Replies 246 Views

7 Replies

246 Views

401k rollover to the same plan administrator

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1 Reply 52 Views

1 Reply

52 Views

401K withdraw

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1 Reply 40 Views

1 Reply

40 Views

Self employed Individual 401(k) calculation is wrong

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7 Replies 338 Views

7 Replies

338 Views

COVID-19 distribution; how to know if 3 years of taxes are being removed correctly.

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2 Replies 86 Views

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86 Views

Brokerage won't fix 1099R

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3 Replies 155 Views

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155 Views

1040x taxable amount didn't change

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1 Reply 66 Views

1 Reply

66 Views

1099-R reports tax on already after tax distribution

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4 Replies 209 Views

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209 Views

Traditional 401k to Roth IRA Rollover

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5 Replies 249 Views

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249 Views

401K distribution taxable in PA?

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3 Replies 579 Views

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579 Views

1099-R to a minor on death of her mom and her 401K distribution as part of inheritance

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4 Replies 1192 Views

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1192 Views

Retirement 401k roll over

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5 Replies 123 Views

5 Replies

123 Views

Form 1099-R

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2 Replies 148 Views

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148 Views

401(k) hardship withdrawal

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1 Reply 42 Views

1 Reply

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Incorrect distribution code on 1099-R?

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2 Replies 114 Views

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114 Views

Avoiding double tax on 401k loan interest?

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17 Replies 559 Views

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Sch C line 19

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4 Replies 271 Views

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Excess Deferral (to 401k & TSP) in 2021

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2 Replies 302 Views

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1099-R: The amount of taxes withheld on your 1099-R is more than your taxable retirement income...?

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9 Replies 919 Views

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Over contribution to 401k

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4 Replies 198 Views

4 Replies

198 Views

After completing my income, turbotax still shows the 401k rollover as taxable income, even though code G is entered in box 7, and it is marked NO, not moved to Roth account. When/how does this change...

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5 Replies 197 Views

5 Replies

197 Views

Roth 401k to Roth IRA, can I do $6000 Backdoor Roth the same year?

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4 Replies 320 Views

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320 Views

deferred compensation

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2 Replies 167 Views

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Can't contribute to IRA because had employer retirement account?

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3 Replies 244 Views

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244 Views

Can I attach a letter from Fidelity that I got after the recharacterization of traditional IRA contribution to Roth IRA contribution?

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1 Reply 81 Views

1 Reply

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Trad IRA Dist can I repay to a Roth w/o penalties?

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2 Replies 242 Views

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401k Overcontribution Questions

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4 Replies 528 Views

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528 Views

Heavy Price to Pay

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8 Replies 469 Views

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469 Views

401k restoration plan

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1 Reply 140 Views

1 Reply

140 Views

401k rolllover

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7 Replies 420 Views

7 Replies

420 Views

401K Cares Act Withdraw In Prior Year

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1 Reply 153 Views

1 Reply

153 Views

2021 IRA Contributions & change in 401k coverage

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1 Reply 307 Views

1 Reply

307 Views

money from 401K for buying series I bonds

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2 Replies 589 Views

2 Replies

589 Views

How do I claim Illinois taxes on my IRA after retiring in Missouri?

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10 Replies 538 Views

10 Replies

538 Views

Can 403b + Roth IRA contributions larger than earned income?

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1 Reply 192 Views

1 Reply

192 Views

Penalty on excess contributions to 401(K) Account

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15 Replies 1387 Views

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1387 Views

NUA on past employer 401k - avoid taxation on sale of fractional share

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0 Replies 153 Views

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153 Views

Withdraw excess IRA contribution and first time home purchase at the same time?

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1 Reply 230 Views

1 Reply

230 Views

Repayment of a covid relief withdrawal

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5 Replies 631 Views

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631 Views

401 K

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1 Reply 200 Views

1 Reply

200 Views

1099-R

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1 Reply 147 Views

1 Reply

147 Views

removed money from 401K investment and returned a portion of it within 30 days

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1 Reply 121 Views

1 Reply

121 Views

Can After tax contribution to traditional IRA be returned?

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2 Replies 452 Views

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401k overcontribution - amended W2

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3253 Views

Can you roll over a terminating 401k into a SEP IRA ?

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2 Replies 364 Views

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Exceeded 401k Contribution

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1099R - 401k Rollover error

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6 Replies 926 Views

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401K

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3 Replies 338 Views

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338 Views

401K withdrawal

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1 Reply 140 Views

1 Reply

140 Views

Form 8606

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3 Replies 436 Views

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436 Views

Rollover of Inherited 401K to Individual IRA

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1 Reply 146 Views

1 Reply

146 Views

taxable income reported on 1099R not picked up correctly on 2019 Form 1040

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7 Replies 1141 Views

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Self-Employed Retirement Plans

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8 Replies 815 Views

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Solo 401 Excess Contribution and Prompt Correction/1099-R

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1 Reply 373 Views

1 Reply

373 Views

Should excess 2020 401k deferrals be reported on substitute 1099-R in retirement section or 1099-Misc in "Other" income? I get two different answers within the TT program

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7 Replies 1333 Views

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Covid related 401K withdrawal

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3 Replies 533 Views

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533 Views

New COVID 401k exemption questions confusing

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1 Reply 144 Views

1 Reply

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1099

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1 Reply 129 Views

1 Reply

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Double count of Rollover conversion: post-tax to Roth-in-plan converted 401k and later Roth 401k to outside roth IRA

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0 Replies 147 Views

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Can one member of a two person LLC do a SIMPLE IRA, SEP, or Solo 401k on their own without involving the LLC?

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1 Reply 1156 Views

1 Reply

1156 Views

Solo 401k Contribution Calculations

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0 Replies 137 Views

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Retirement plan contribution

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1 Reply 118 Views

1 Reply

118 Views

RMD on a 401-K

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3 Replies 433 Views

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433 Views

Roth 401k rollover to Roth IRA and excess contributions

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4 Replies 1470 Views

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1470 Views

Properly report simple transition from Roth to traditional

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5 Replies 490 Views

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490 Views

MDR, 2020

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2 Replies 447 Views

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Thrift Savings Plan

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For Home & Business 2020, the "Maximize Contribution to Individual 401(k)" calculation is incorrect

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6 Replies 907 Views

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Allocating 2020 IRA/401K withdrawal over 3 years in TurboTax

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1 Reply 239 Views

1 Reply

239 Views

1099Rs

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2 Replies 459 Views

2 Replies

459 Views

I had to switch jobs to a lower paying job due to COVID and had to withdraw from my 401K

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1 Reply 170 Views

1 Reply

170 Views

I need to knkw how to add a 1099-R form to my 2020 taxes that i already submitted?

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3 Replies 343 Views

3 Replies

343 Views

Rolled over Roth IRA

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1 Reply 153 Views

1 Reply

153 Views

401K

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1 Reply 111 Views

1 Reply

111 Views

Early withdrawal of 401(K) for medical expenses.

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1 Reply 126 Views

1 Reply

126 Views

Roth Conversion: Tax Contributions TY19 & TY20, Converted in 20 - Cannot enter previously taxed amount

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1 Reply 201 Views

1 Reply

201 Views

Contributions to Roth and Trad IRA's if I used to be in a retirement plan at start of year but was laid off

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1 Reply 249 Views

1 Reply

249 Views

Cares act withdrawal mistake

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5 Replies 1447 Views

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1447 Views

401k withdrawl

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4 Replies 819 Views

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819 Views

How to pay taxes on 401K > Roth IRA conversion if I already filed my tax returns

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1 Reply 196 Views

1 Reply

196 Views

I did a rollover of my 401k to 2 separate accounts but kept $24,000. on my form 199-R box 1 shows the full amount of the rollover box 2 is 0. Is that how I show it on turbotax when it asks about the...

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1 Reply 190 Views

1 Reply

190 Views

Retired with a 401k that gets an annual RMD. TurboTax asks if I get regular periodic payments from this retirement account.

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7 Replies 1861 Views

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1861 Views

Can you amend an early withdrawal error?

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5 Replies 1427 Views

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Taxes with 401k withdraw

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951 Views

S Corp Individual 401K adjusting/removing the company contribution due to company losses

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3 Replies 807 Views

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807 Views

Why is New Jersey taxing my backdoor Roth IRA?

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9 Replies 3467 Views

9 Replies

3467 Views

If I had a 401k at my previous employer ;wouldn I get a 1099 form sent to me by my former employer

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1 Reply 203 Views

1 Reply

203 Views

401K Excess Deferral

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0 Replies 243 Views

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243 Views

401k distribution

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3 Replies 1066 Views

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1066 Views

Amending taxes for IRA contribution or Roth IRA conversion

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1 Reply 238 Views

1 Reply

238 Views

What to do after correction of 401k over contribution?

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1 Reply 230 Views

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230 Views

I added my 401k distribution in error as my AGI on my 1040, lines 6 &7

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1 Reply 218 Views

1 Reply

218 Views

401K Excess Contribution

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6 Replies 1878 Views

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1878 Views

401(k) loan offset under Tax Cuts and Jobs Act of 2017

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9 Replies 2898 Views

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2898 Views

Misdirected Distribution

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3 Replies 543 Views

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Required Minimum Distribution Reporting

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2019 Forms for Qualified Disaster Distributions

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Losses from retirement excess contribution

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1 Reply 279 Views

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279 Views

I'm fully retired,but i still work full time.I have several IRA's and a 401k. Can i satisfy all my RMD's wth one withdrawl from my 401?

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1 Reply 448 Views

1 Reply

448 Views

esop and ksop

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6 Replies 1577 Views

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1577 Views

Reporting excess Roth 401k Contribution

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10 Replies 2746 Views

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rollover

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2 Replies 792 Views

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792 Views

Can I still contribute extra to my IRA prior to April 15 2020 and lower my taxes this year

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1 Reply 291 Views

1 Reply

291 Views

ESOP STOCK DIVIDENDS REPORTED ON FORM 1099-R

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9 Replies 3949 Views

9 Replies

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RMD reporting

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4 Replies 850 Views

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850 Views

roth ira contributions

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7 Replies 940 Views

7 Replies

940 Views

Reverse Rollover from Traditional IRA with pre- and post-tax funds

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1 Reply 262 Views

1 Reply

262 Views

RMD from 401K over 70?

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2 Replies 254 Views

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254 Views

TurboTax Bug Related to 401k Excess Deferral

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2 Replies 1176 Views

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1176 Views

Self Employed 401(k) - Employer Over Contribution

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2 Replies 557 Views

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557 Views

2018's pay affecting 2019's 401(k) assumption

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2 Replies 267 Views

2 Replies

267 Views

early withdrawal from ira for medical expenses

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1 Reply 199 Views

1 Reply

199 Views

Pension distribution choice

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1 Reply 357 Views

1 Reply

357 Views

Excess and Non-Deductible 401(k) Contributions

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7 Replies 1195 Views

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1195 Views

Deducting after-tax contributions from ira distribution

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3 Replies 1339 Views

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1339 Views

Double-counting income for IRA rollover is disqualifying me for LLC credit

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1 Reply 309 Views

1 Reply

309 Views

Taxes on Roth 401k to IRA rollover

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4 Replies 2002 Views

4 Replies

2002 Views

How to file Early Retirement Withdrawal?

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5 Replies 926 Views

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926 Views

How do i claim form 1099 after submitting taxes

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2 Replies 659 Views

2 Replies

659 Views

Individual 401k excess in 2019, refund in 2020

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5 Replies 1435 Views

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1435 Views

401 K withdrawals

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4 Replies 1258 Views

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1258 Views

Can I amend solo 401k to migrate to new business entity

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1 Reply 240 Views

1 Reply

240 Views

Do Roth IRA contributions count toward defined contribution plan limits?

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4 Replies 1411 Views

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Retirement plan contribution limits

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2 Replies 1029 Views

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401K Excess Salary Deferral (for calendar year 2018) - Over contributed to two (2) separate 401K plans for two (2) separate companies that I currently work for. How to ask for excess salary deferral b...

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3 Replies 670 Views

3 Replies

670 Views

Solo 401k elective deferrals benefits vs. contributing as employee after payroll.

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3 Replies 1033 Views

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1033 Views

401k withdrawal for medical

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2 Replies 982 Views

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982 Views

Can you exceed your total income over multiple retirement account contributions?

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1 Reply 546 Views

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546 Views

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Topics with Label: 401K