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I withdrew funds from my 401k at 59.5 so as not to be penalized and paid the taxes up front. Do I need to add an additional 1099r form?

I received one from my employer.
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I withdrew funds from my 401k at 59.5 so as not to be penalized and paid the taxes up front. Do I need to add an additional 1099r form?

You enter the Form 1099-R that you received on the 2020 tax return.

 

To enter, edit or delete a form 1099-R -

  • Click on Federal Taxes (Personal using Home and Business)
  • Click on Wages and Income (Personal Income using Home and Business)
  • Click on I'll choose what I work on (if shown)
  • Scroll down to Retirement Plans and Social Security
  • On IRA, 401(k), Pension Plan Withdrawals (1099-R), click the start or update button

Or enter 1099-r in the Search box located in the upper right of the program screen. Click on Jump to 1099-R

 

 

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