If I withdrew my 401k contributions and earnings in January 2021, I am expected to report this withdraw on my 2021 tax return, right?

posted

Connect with an expert

1 Reply

If I withdrew my 401k contributions and earnings in January 2021, I am expected to report this withdraw on my 2021 tax return, right?

Yes. A distribution from your 401(k) plan occurring in 2021 will be reported on your 2021 tax return (to be filed next year).

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Still have questions?