AnnetteB6
Employee Tax Expert

Retirement tax questions

If you added money from your own funds to make up for the 10% that was withheld for the taxes, then enter the total amount of the distribution shown in box 1.

 

If you actually used a lesser amount, then enter that lesser amount.  Be aware that the difference between what you actually used and the amount distributed will incur the 10% early distribution penalty on your tax return.

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