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Retirement tax questions
Kind-of depends on the total $$ showing in boxes 1 and 2a of that 1099-R form. IF those $$ were high enough, the withholding may not have been enough to cover all the taxes you owed for it (and perhaps an added 10% early-withdrawal penalty).
Now, you need to make sure you enter all the boxes on the 1099-R. Especially box 4 on that 1099-R form that shows what the withholding was, so that you get credit for prepaying those $$.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
‎April 26, 2023
7:59 AM