taxpayer211
Returning Member

Retirement tax questions

Thank you @DanaB27 for the answers.

Now I just found out that there was federal and state tax withholding on the distribution and I am trying to include that. I put the federal tax withheld in box 4, state tax withheld in box 14, and the contribution plus earnings in box 16. I put the state/abbreviation in box 14/15. But Turbotax is still calculating that I owe these taxes. Am I doing something wrong here?

Is it better in this case to just not report these earnings until I get the 1099-R? I read from your previous post that I would need to amend 2022 return for some reason?