charlesny09
Returning Member

Taxes were withheld from my 1099-R early Distribution on my Annuity. My question is, the taxes that were paid and reported on the 1099-R deductible?

I withdrew 43k from my annuity and around $8,500 withheld in federal tax. I received back  $34,500 which increased my AGI by 43k. Except i don't see anywhere during the process that i get a deductible for the 8500 i paid in taxes.