m-morris5
New Member

I have a 1099r form but there was an adjustment made to the RMD witdrawl amount and I received another check. Additional tax witholding of 6.62. What should I enter?

Primerica said they would send a 5498 form? in May.  I just want to know which amount to enter...what's on the 1099r or add the new amount by additional additional fed withholding of 6.62?
macuser_22
Level 15

Retirement tax questions

You enter the 1099-R exactly as it is.  Form 5498 is information only. 

Federal tax withholding is money that is withheld from the distribution, not something that is paid to you.  Possibly they withheld too much and returned the difference to you.  If that is the case and they did not actually withhold the box 4 amount then they should have issued a corrected 1099-R.   You should contact the payer to be sure.

If this was done in 2017, then it will probably be reported on your 2017 1099-R.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

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