I received a withdrawal from my employer's 401(k) plan. The 1099-R included the entire amount, but at least 1/2 was from employer contributions. How do I exclude part?
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I received a withdrawal from my employer's 401(k) plan. The 1099-R included the entire amount, but at least 1/2 was from employer contributions. How do I exclude part?
My Michigan return is including the entire 401(k) distribution. Can I exclude part based on the employer contribution?
I received a withdrawal from my employer's 401(k) plan. The 1099-R included the entire amount, but at least 1/2 was from employer contributions. How do I exclude part?
Sorry you can't ... that is taxable to you too. That is how 401K taxation works.
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