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June 5, 2019
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I had to cash out my 401(k) where do I put the federal taxes I paid turn out 1099R form on my w2

  • June 5, 2019
  • 1 reply
  • 5 views
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Best answer by RachelW33

The taxes withheld from the cash out of your 401(K) will be reported on your Form 1099-R (not your W2).

Please follow these instructions to enter your Form 1099-R:

  • Login to your TurboTax Account 
  • Click "Take Me To My Return"
  • Click "Federal" from the left side of your screen
  • Scroll down and click "Start or Edit/Add" next to "IRA, 401(k), Pension Plan Withdrawals (1099-R)" 
  • Answer "Yes" to the question "Did You Have Any of These Types of Income?"
  • Click "I'll Type it Myself"
  • Choose "Form 1099-R, Withdrawal of Money from 401(k) Retirement Plans, Pensions, IRAs, etc."
  • Click "Continue"
  • From here TurboTax will walk you through entering your Form 1099-R

1 reply

RachelW33
Alumni - Expert
RachelW33Alumni - ExpertAnswer
Alumni - Expert
June 5, 2019

The taxes withheld from the cash out of your 401(K) will be reported on your Form 1099-R (not your W2).

Please follow these instructions to enter your Form 1099-R:

  • Login to your TurboTax Account 
  • Click "Take Me To My Return"
  • Click "Federal" from the left side of your screen
  • Scroll down and click "Start or Edit/Add" next to "IRA, 401(k), Pension Plan Withdrawals (1099-R)" 
  • Answer "Yes" to the question "Did You Have Any of These Types of Income?"
  • Click "I'll Type it Myself"
  • Choose "Form 1099-R, Withdrawal of Money from 401(k) Retirement Plans, Pensions, IRAs, etc."
  • Click "Continue"
  • From here TurboTax will walk you through entering your Form 1099-R
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