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executive retirement savings plan federal taxes
where do you have the withdrawal entered as well as the federal taxes(22%0 written off
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executive retirement savings plan federal taxes
Are you referring to a retirement plan like a 401(k)?
The distribution to you should have been reported on a 1099-R that should have been mailed to you or made available on the retirement plan administrator's website.
The gross distribution and the amount of federal income tax withheld will both be on the form.
To enter this in TurboTax, please do a Search (upper right) for 1099-r (lower case) and click on the jump-to link (Mac users must look for 1099-R in the Topics List). You will be able to enter the 1099-R data there.
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