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Level 1
posted Apr 13, 2022 3:52:53 PM

Federal tax was withdrawn from my total 1099-R (INH RMD) even though $800 was wired to a qualified charitable organization. How do I correct the overtaxed amount?

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1 Replies
Expert Alumni
Apr 13, 2022 4:08:16 PM

You were not necessarily overtaxed.  You did not pay the tax on your distribution yet but rather had a withholding towards the tax obligation you might have from the distribution.   The 1099-R is reported in TurboTax as income under the Income and Expense section and if there are excess withholdings then they will be included in the refund that you receive.