turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

dmfink3
New Member

Does the money I earn from my 401k investments count as income even if I do not withdraw the earnings?

I do not need to take an RMD.
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

Does the money I earn from my 401k investments count as income even if I do not withdraw the earnings?

You do not enter anything about gains or losses within your 401k.    If you take money out of the retirement account you will get a 1099R which must be entered on your tax return.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question