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Get your taxes done using TurboTax
The 1099R will add to your total income and may push you into a higher tax bracket. So the 20% withholding may not be enough. Or you will get a refund. Just enter the 1099R on your tax return. You will get credit for the withholding taken out like from withholding on your W2.
‎June 28, 2023
2:05 PM