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Retirement tax questions
You were not necessarily overtaxed. You did not pay the tax on your distribution yet but rather had a withholding towards the tax obligation you might have from the distribution. The 1099-R is reported in TurboTax as income under the Income and Expense section and if there are excess withholdings then they will be included in the refund that you receive.
‎April 13, 2022
4:08 PM