Can with-holding tax from a 2018 IRA distribution be credited toward 2017 taxes?

[rjh]

I know the 2018 distribution amount must be declared in 2018 but what about the with held tax being credited for 2017.

[Rachel_W · Accepted solution]

No. Unfortunately, the tax withheld for a 2018 IRA Distribution cannot be included or credited on your 2017 Tax Return.  

You will receive a 2018 Form 1099-R reporting the IRA Distribution and Taxes Withheld to report on your 2018 Tax Return.