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humphreys1978
New Member

I put in my IRA withdrawal, and my retirement company already withheld taxes from it , but still being charged on turbo tax for those taxes. How to fix

 
1 Reply
dmertz
Level 15

I put in my IRA withdrawal, and my retirement company already withheld taxes from it , but still being charged on turbo tax for those taxes. How to fix

There is nothing that needs fixing.  The taxes are not determined or assessed until you prepare your tax return.  Whatever amount was withheld for taxes is credited on line 16 of your tax return and is applied against your overall tax liability, exactly the same as would be the case with income and tax withholding on a W-2.

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