457B Reporting

Forum|Forum|6 months ago
December 5, 2025
1 reply
11 views

I had a 457b retirement plan and withdrew all of the funds, where on the online form should I report the federal tax withheld on the tax return.

SteamTrain

Level 15

@Mohannad

Assuming you are talking about 2025 taxes, for the withdrawal done in 2025......You will be issued a 1099-R form, usually in mid-late January of 2026 for that withdrawal.

You will enter the data from the various boxes in that 1099-R form, into the Retirement Income section of the software. The total amount of those distribution $$ (gross amount before withholding), and then also the withholding amount (along with various other boxes on that form) will be entered as a part of the data on that 1099-R form. Thus the withholding done will be credited as having been paid after you are done entering that form into the software.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

MohannadAuthor

Level 2

How do you do it on the website not the software? Which one of these?

SteamTrain

Level 15

Not on that menu page

You are on the Deductions&Credits page

You would need to enter the 1099-R on an earlier tab page, on the Wages&Income page where you normally enter your W-2, interest, dividends etc. The retirement income is in that area.

BUT....at least in the desktop software, the 1099-R section wasn't ready to use yet. Maybe the "Online" entry areas are further along...maybe not, so you may not be able to enter that information yet anyhow.

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And..(personal opinion) if you are on a phone app...please don't. Go use a browser on a larger tablet, laptop, or full computer. People using the phone app tend to miss all kinds of stuff because it's too hard to navigate to see all the possible choices in various areas of the program

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*