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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?
‎February 25, 2021
9:05 PM