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Retirement tax questions
When you enter the Form 1099-R that reports this distribution, TurboTax will automatically include in the amount on Form 1040 line 25b the amount that is shown in box 4 of the Form 1099-R. This will increase your refund or reduce your balance due by this amount. That's how you get it back, by it being credited against your tax liability on your tax return.
‎February 26, 2021
7:14 PM