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Do I still have to pay tax fees if my Retirement funds were automatically distributed to me after I graduated from college and stopped working there?

 
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Hal_Al
Level 15

Do I still have to pay tax fees if my Retirement funds were automatically distributed to me after I graduated from college and stopped working there?

Yes. Whether voluntary or involuntary, all retirement distributions are taxable. You had the option of rolling that over to an IRA to avoid tax

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Hal_Al
Level 15

Do I still have to pay tax fees if my Retirement funds were automatically distributed to me after I graduated from college and stopped working there?

Yes. Whether voluntary or involuntary, all retirement distributions are taxable. You had the option of rolling that over to an IRA to avoid tax

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