ACas
Level 1

Retirement tax questions

I have a couple of questions:

 

How do I know that the 10% withheld for federal taxes in 2020 is accounted for?  I don't think it was because TT since last year's return, is calculating based on exactly 1/3 of the gross amount.  The amount withheld is on the 1099-R, however, I don't think TT is taking it into account.  Would I have to amend my 2020 return?

 

My 8915-E has $100,000 listed under Part I column c, but my distribution was not over 100,000.  Is this an error that is affecting the amount of taxes I owe? Line 5 is 0.