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Get your taxes done using TurboTax
Hello, I would like to ask after distributing from my Roth 401K, I will still be receiving the 1099R next year but still not needed to report in tax return 2024. Only need to report the 1099R from the distributed earnings for tax return 2024 when conducts in 2025, correct?
If my company allows pre tax 401K and Roth after tax 401K contribution, which type would be better off to contribute in, for future retirement.
Many thanks!
March 5, 2024
10:50 PM