The full amount of the distribution, $11,764.71 would be taxable even though some of it was paid to the government for your withholding. The portion used for the withholding did not get rolled over, so it would be subject to an early withdrawal penalty if you are not at retirement age.
It is as if you withdrew pension funds prematurely and then turned around and paid them is as estimated taxes.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
