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New Member
posted Feb 23, 2024 8:42:42 PM

I did a 401K with draw and it went under line 5b instead of 4b, should I ammend my return?

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1 Replies
Level 15
Feb 24, 2024 4:02:24 AM

No....a 401k distribution is supposed to end up on line 5a/5b.

 

A 401k is NOT an IRA.

 

Line 4a/4b is only for things actually labelled as being an IRA.