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Retirement tax questions
Hi,
I have the same issue I think! I am no tax expert, this is my first time ever leaving my job and withdrawing a full disbursement of the 401(k) contributions (which were relatively small- it’s my first time having a retirement account hence my first time withdrawing the whole thing) and I was only employed at this position for a year and a half. When I withdrew I had 20% withheld, I feel like there’s something wrong in the TurboTax system, but have no idea how to identify what it is, I just know that it is something to do with me recording these figures into their designated box numbers... and having my estimated return amount being almost $2000 less than it should be!
February 18, 2020
11:19 AM