Retirement tax questions

What do you mean by "removing a 401k plan"  ?  If you take money out of your 401k you will pay tax on the money.  If you are younger than 59 1/2 you will also pay a 10% early withdrawal fee for taking out the money.   

 

Did you take money out in 2022?   Do you have a 1099R ?  If you have a 1099R you have to enter it on your tax return.

 

To enter your retirement income, Go to  Federal> Wages and Income>Retirement Plans and Social Security>IRA  401 k) Pension Plan Withdrawals to enter your 1099R.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**