If I received a 401k payment in less than $1,000 do I need to report it?

Anonymous · ‎June 4, 2019

xmasbaby0 · ‎June 4, 2019

Yes. You will get a 1099R for it and it must be entered on your tax return:

Go to Federal> Wages and Income>Retirement Plans and Social Security>IRA 401 k) Pension Plan Withdrawals to enter your 1099R.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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xmasbaby0 · ‎June 4, 2019

Yes. You will get a 1099R for it and it must be entered on your tax return:

Go to Federal> Wages and Income>Retirement Plans and Social Security>IRA 401 k) Pension Plan Withdrawals to enter your 1099R.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**