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Level 1
June 3, 2019
Question

I took money out of my Sherwin Williams retirement plan from Fidelity and I was wondering if I had to report the money that I got on my taxes

  • June 3, 2019
  • 1 reply
  • 3 views
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1 reply

Level 8
June 3, 2019

Yes, you do need to report the 1099-R that reports the withdrawal.  The IRS matches 1099-R’s to the taxpayers and they will be corresponding with you if you don’t report it.

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