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Retirement tax questions
Did they take any tax withholding out of it? It will add to your regular income and will push you into a higher tax bracket so don’t be shocked at your tax return. You will probably owe a lot. Did you make any non-deductible contributions? You need to enter the 1099R. What code is in box 7? If you have more questions then @dmertz can explain it more.
June 4, 2019
5:10 PM