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I have completed our return and I want to know if my wife was charged a penalty for early withdrawal from her 401(k). Where can I see that in our return?

 
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Philip_B
New Member

I have completed our return and I want to know if my wife was charged a penalty for early withdrawal from her 401(k). Where can I see that in our return?

Hardship distributions are reported on Form 1099-R, which you'll get in January or February of the year following the distribution. When you enter the 1099-R into TurboTax, we'll calculate the taxes and any penalties.

You can view your entire return by following the instructions below.  If you haven't paid or registered yet, you'll be prompted to do so before you can view your full return.

To view your 1040 form, follow these steps:

    Sign in (continue) your online return, if you're not already signed in.
    Select My Account near the top of your screen, and then Tools from the drop-down menu.
    Under Other helpful links... click View Tax Summary.
    Select Preview my 1040 near the top of your screen.
    Click Back near the top of your screen to exit the preview screen.

To view all forms, schedules, and worksheets in your return:

    From the My Account drop-down at the top, select Print Center.
    In the pop-up, click the first option (Print, save, or preview this year's return).

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1 Reply
Philip_B
New Member

I have completed our return and I want to know if my wife was charged a penalty for early withdrawal from her 401(k). Where can I see that in our return?

Hardship distributions are reported on Form 1099-R, which you'll get in January or February of the year following the distribution. When you enter the 1099-R into TurboTax, we'll calculate the taxes and any penalties.

You can view your entire return by following the instructions below.  If you haven't paid or registered yet, you'll be prompted to do so before you can view your full return.

To view your 1040 form, follow these steps:

    Sign in (continue) your online return, if you're not already signed in.
    Select My Account near the top of your screen, and then Tools from the drop-down menu.
    Under Other helpful links... click View Tax Summary.
    Select Preview my 1040 near the top of your screen.
    Click Back near the top of your screen to exit the preview screen.

To view all forms, schedules, and worksheets in your return:

    From the My Account drop-down at the top, select Print Center.
    In the pop-up, click the first option (Print, save, or preview this year's return).

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