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brettkoppe
New Member

I do not recall having to file any information on my 401(k) in past tax reporting so why do I have to report it now?

 
1 Best answer

Accepted Solutions
MichaelL1
Level 15

I do not recall having to file any information on my 401(k) in past tax reporting so why do I have to report it now?

A 401K contribution is reported when the W-2 is entered.

Any withdrawals are reported on a 1099R.

Anything that happens with the 401K does not get reflected on your return. 

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2 Replies
MichaelL1
Level 15

I do not recall having to file any information on my 401(k) in past tax reporting so why do I have to report it now?

A 401K contribution is reported when the W-2 is entered.

Any withdrawals are reported on a 1099R.

Anything that happens with the 401K does not get reflected on your return. 

xmasbaby0
Level 15

I do not recall having to file any information on my 401(k) in past tax reporting so why do I have to report it now?

Do you have a 1099R for a distribution you took from the account in 2017?  

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

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
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