HopeS
Expert Alumni

Retirement tax questions

Yes, this is considered a distribution so you should report it.  You should receive a copy of Form 1099-R, or some variation, if you received a distribution of $10 or more from your retirement plan so follow up with your job if you did not receive one.

 

See the steps below on how to enter your distribution:

  1. Login to your TurboTax Account.
  2. Click "Federal" from the left side of your screen.
  3. Scroll down to "Retirement Plans and Social Security" and click "Show more"
  4. Scroll down and click "Start or Edit/Add" next to "IRA, 401(k), Pension Plan Withdrawals (1099-R)

 

@Samnz619 

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