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wrub
New Member

Do I owe ohio state taxes I withdrew from my ira that was a transfer from my employee 401k

I paid state and local tax on that money before money put in my 401k
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Hal_Al
Level 15

Do I owe ohio state taxes I withdrew from my ira that was a transfer from my employee 401k

No. If handled as a roll over on the federal return, and not taxed, it will not transfer to the Ohio return as taxable income.

When you entered the 1099-R, with the withholding in boxes 4,12 & 15, the withheld tax will be credited to you state and School District (local) return and be refunded to you.

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2 Replies
Hal_Al
Level 15

Do I owe ohio state taxes I withdrew from my ira that was a transfer from my employee 401k

"Local tax"? City or School district? IRA distributions are not subject to city tax.
Hal_Al
Level 15

Do I owe ohio state taxes I withdrew from my ira that was a transfer from my employee 401k

No. If handled as a roll over on the federal return, and not taxed, it will not transfer to the Ohio return as taxable income.

When you entered the 1099-R, with the withholding in boxes 4,12 & 15, the withheld tax will be credited to you state and School District (local) return and be refunded to you.

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