VolvoGirl
Level 15
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Retirement tax questions

You should get a 1099R for that.  Enter a 1099R under
Federal Taxes
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.

 

It is taxable and a 10% Early Withdrawal Penalty if you are under 59 1/2.  

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