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Deductions & credits
@redrooster99 it is not considered a taxable distribution - you are overthinking it. You made a contribution and you are getting it back. It's a big wash.
the money that was withheld will be part of your 2025 tax return in a year - you'll get the money back. Adjust your withholdings at work if you'd like so you get it back over the course of 2025.
don't confuse 'tax' with "withholdings"... "tax" is ONLY calculated on a tax return and no where else.
‎January 3, 2025
7:27 PM
16,127 Views