Retirement tax questions

"I am over 59 1/2,,,,"  If you are OVER 59 1/2 then it is not early, and you are not subject to the 10% early withdrawal penalty.  Your retirement fund distribution will be taxed at your ordinary tax rate on your federal return and if retirement income is taxed in your state, at the rate your state has determined.

You will receive a 1099R in late January/early February which you will need to enter on your 2017 tax return.

 Go to  Federal> Wages and Income>Retirement Plans and Social Security>IRA  401 k) Pension Plan Withdrawals to enter your 1099R

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**