Solved: I quit my job and chose to have my 401K plan sent to me. Where do I enter the state and federal withholdings on turbotax? Can I still use the basic filing method?
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shannon31068
New Member

I quit my job and chose to have my 401K plan sent to me. Where do I enter the state and federal withholdings on turbotax? Can I still use the basic filing method?

I quit my job and I chose to have the money from my 401K plan sent to me whether than put it in another account. I had them tax the money before it was sent to me. Where do I put the state and the federal with holdings at on Turbotax and should I enter the amount of the check somewhere on there. 

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SweetieJean
Level 15

I quit my job and chose to have my 401K plan sent to me. Where do I enter the state and federal withholdings on turbotax? Can I still use the basic filing method?

Wait for the 1099-R to arrive, and then enter it in Wages and Income; Retirement. It will list the gross, taxes withheld, etc (similar to a W-2).

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SweetieJean
Level 15

I quit my job and chose to have my 401K plan sent to me. Where do I enter the state and federal withholdings on turbotax? Can I still use the basic filing method?

Wait for the 1099-R to arrive, and then enter it in Wages and Income; Retirement. It will list the gross, taxes withheld, etc (similar to a W-2).

View solution in original post

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