Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
juliusfitz
New Member

I withdrew from 401k, it’s stated on w-2. Do I need a 1099-r on top of this?

 
1 Best answer

Accepted Solutions
Marketstar
Level 7

I withdrew from 401k, it’s stated on w-2. Do I need a 1099-r on top of this?

Yes, if you withdrew from your 401(k) in 2017, you should receive a 1099-R tax statement due to be sent out no later than January 31,

To enter a 1099-R:

·         Type in 1099-r in the search box, top right of your screen, then click the magnifying glass

·         Click the jump to 1099-r link in the search results

·         Follow to prompts and online instructions


View solution in original post

2 Replies
SweetieJean
Level 15

I withdrew from 401k, it’s stated on w-2. Do I need a 1099-r on top of this?

A plan withdrawal is not reported on a W-2 form.
Marketstar
Level 7

I withdrew from 401k, it’s stated on w-2. Do I need a 1099-r on top of this?

Yes, if you withdrew from your 401(k) in 2017, you should receive a 1099-R tax statement due to be sent out no later than January 31,

To enter a 1099-R:

·         Type in 1099-r in the search box, top right of your screen, then click the magnifying glass

·         Click the jump to 1099-r link in the search results

·         Follow to prompts and online instructions


About Community

Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement.

3.48m
Members

2.6m
Discussions

Manage cookies
v