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Retirement tax questions
@tschindler wrote:
What form would the $180 show as a tax credit toward my tax liability? I am only seeing it as a taxable amount on my 1040 and I don't see anything about a tax credit. Thanks!
The $180 should be in box 4 on the 1099-R and will be added to all other W-2 and 1099 withholding on line 17 of the 1040 form to offset any tax owed or add to your refund.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎February 7, 2020
6:34 PM
4,333 Views