ThomasM125
Expert Alumni

Retirement tax questions

The withdrawal of retirement funds would be listed on a Form 1099-R. You enter that as follows in TurboTax:

 

  1. Find the Retirement Plans and Social Security menu option in the Wages and Income section of TurboTax
  2. Start or Update IRA, 401(k), Pension Plan Withdrawals (1099-R)
  3. Choose Add (Another) 1099-R

The taxes withheld would be reported in boxes 4 and 14.

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