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frankg1
New Member

IRA Withdraw Taxes

I was taxed for a potion of IRA withdraws, where can I see these calculations?

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1 Reply
DMarkM1
Employee Tax Expert

IRA Withdraw Taxes

You will look at line 4a and 4b to see the taxable portion of your IRA withdrawal.  You will not see the actual taxes on it; the income is just part of your taxable income.  

 

If there is a penalty for early withdrawal, however, you will see that on line 6 of schedule 2 and line 23 of your form 1040.

 

To see the form view in TurboTax online follow these steps.

  1. Click "Tax Tools" in the left hand menu
  2. Click "Tools"
  3. Click "View Tax Summary"
  4. Click "Preview My 1040" in the left hand menu
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