DanaB27
Expert Alumni

Retirement tax questions

No, the withheld taxes on the 2020 Form 1099-R were only applied to your 2020 tax return and are not spread over 3 years. Most likely you received some of these taxes back on your 2020 tax return. Please verify that you entered the full amount when you entered Form 1099-R box 4 on your 2020 tax return.  Please verify that you didn't enter 1/3 of the taxes withheld shown on the 2020 Form 1099-R on your 2021 tax return.

 

I review your token and you entered the 3rd portion correctly.

 

@RMTK0808 

 

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