Vanessa A
Employee Tax Expert

Retirement tax questions

Penalized how?  Are you being taxed on the withdrawals or are you getting the 10% penalty?  Your 1099 R income is subject to regular income tax. 

 

If you are getting the 10% penalty, double check your personal info section to be sure your date of birth is correct. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"