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New Member
posted Jun 6, 2019 5:58:36 AM

How do I get back the $300.00 the federal income tax withheld from an 401K distribution?

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1 Best answer
Level 15
Jun 6, 2019 5:58:38 AM

You might not get it back.  You should have a 1099R for the distribution and you have to enter it as taxable income.  The amount withheld when you took the distribution was an estimate.  If it was an early distribution there is a 10% penalty.  Even if it is not an early distirubiton, when that amount is added to your other income, you may owe additional tax.

Go to  Federal> Wages and Income>Retirement Plans and Social Security>IRA  401 k) Pension Plan Withdrawals to enter your 1099R.


1 Replies
Level 15
Jun 6, 2019 5:58:38 AM

You might not get it back.  You should have a 1099R for the distribution and you have to enter it as taxable income.  The amount withheld when you took the distribution was an estimate.  If it was an early distribution there is a 10% penalty.  Even if it is not an early distirubiton, when that amount is added to your other income, you may owe additional tax.

Go to  Federal> Wages and Income>Retirement Plans and Social Security>IRA  401 k) Pension Plan Withdrawals to enter your 1099R.