bgl3
New Member

Cashed out 401k in Nov 2017. Will I get 1099 to file taxes in 2017 or 2018?

 

Retirement tax questions

You will receive the Form 1099-R in January of 2018 for the distribution in November of 2017.  The distribution will be reported on your 2017 tax return.

To enter a form 1099-R -

  • Click on Federal Taxes (Personal using Home and Business)
  • Click on Wages and Income (Personal Income using Home and Business)
  • Click on I'll choose what I work on (if shown)
  • Scroll down to Retirement Plans and Social Security
  • On IRA, 401(k), Pension Plan Withdrawals (1099-R), click the start or update button

Or enter 1099-r in the Search box located in the upper right of the program screen.  Click on Jump to 1099-R