Retirement tax questions

It should be.  Did you get a 1099R for it?  What code is in box 7?  And if you were under 59 1/2 there may  be a 10% early withdrawal penalty but that may be an exception to the penalty.

 

Enter a 1099R under
Federal Taxes on left
Wages & Income
Then scroll way down to Retirement Plans and Social Security
Then IRA, 401(k), Pension Plan Withdrawals (1099-R) – Click Start
If you are adding another 1099R there might be a Add button at the bottom of the list.

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