You will get a 1099R sometime soon if you have not already received it. You enter the 1099R and the software will do the calculations. If it was an early withdrawal, you are subject to a 10% penalty plus ordinary income tax. They probably already withheld some tax which will be indicated on the 1099R. Like the tax withheld from your paychecks, the software has to calculate if you paid too much or too little tax when the retirement money is added to your other income.
To enter your retirement income, 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.**
