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

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

pinkplink
New Member

I withdrew my 401k it was under $500 dollars do I still need to claim this amount on my taxes?

 
Connect with an expert
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.

2 Replies

I withdrew my 401k it was under $500 dollars do I still need to claim this amount on my taxes?

Yes you do.

dmertz
Level 15

I withdrew my 401k it was under $500 dollars do I still need to claim this amount on my taxes?

Enter the Form 1099-R that you received (or will soon receive) under Wages & Income (or Personal Income) -> Retirement Plans and Social Security -> IRA, 401(k), Pension Plan Withdrawals (1099-R).
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies