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I am disabled yet I paid the penalty to withdraw my 401k. How do I amend my return?

 
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DanaB27
Employee Tax Expert

I am disabled yet I paid the penalty to withdraw my 401k. How do I amend my return?

Please see How do I amend my federal tax return but please wait until your original return has been processed by the IRS before your amend your return.

 

To receive an exception on the 10% early withdrawal penalty for total and permanent disability please follow these steps when you amend your return:

 

  1. Click on "Search" on the top right and type “1099-R”  
  2. Click on “Jump to 1099-R”
  3. On the "Review your 1099-R info" screen click "Continue"
  4. On the "Identify the Plan" select "Qualified retirement plan"
  5. On the "These Situations May Lower Your Tax Bill" screen enter the distribution amount under "Permanent Disability
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