You should have gotten a 1099R and when this reported TurboTax will compute the tax and penalty and it will part of your return.
You will also be given credit for any taxes paid in when withdrawn. These would be in box 4 of the 1099R.
To enter pension and annuity Payments (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
