acs11012
Returning Member

Get your taxes done using TurboTax

@LinaJ2020  But it looks like all of the taxes withheld from my distribution are being used for 2020 taxes and not only a third.

 

Is the distribution able to divided against three years but the taxes withheld has to be claimed all in one year?

 

for example, if I had 100,000 tot distribution and my 401k company already withheld 20,000 in taxes, it looks like the entire 20,000 amount withheld is counting against 2020 taxes even though only 1/3 of the distribution is being accounted for. Is that correct?