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Retirement tax questions
Hi Dana,
Thanks for the additional review and feedback. I DO have a value in Box 4 (Federal Income Tax Withheld) on the 1099-R (2022), but the value matches what was submitted on the substitute 1099-R (4852) in 2021. The brokerage did withhold 10% federal tax when they did their NIA calculation.
How does the fact that I accounted for Fed tax withheld in my 2021 return affect my 2022 return?
Thanks,
Jon
‎February 18, 2023
8:55 AM