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Retirement tax questions
Need more info. Did you close your 401K account? You will get a 1099R in January for 2025. It will be taxable and a 10% early withdraw penalty if you are under 5 9 1/2. There are some exceptions to the penalty. Turbo Tax Blog on Early 401K withdrawals and tax consequences
https://turbotax.intuit.com/tax-tips/retirement/an-early-withdrawal-from-your-401k-understanding-the...
You have 60 days with the withdrawal to roll it into a IRA account.
‎December 4, 2025
12:46 PM