The taxes withheld from your retirement account withdrawal are an estimate. When that money is added to your other income, you may owe additional tax. If the distribution was an early withdrawal you will also have a 10% penalty. You will receive a 1099R for this in January.
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.**
