Is my 1099-R form wrong if box 1 or 2 does not match what was deposited into my bank account?

[tommy-g-stevens]

I received less than what the form states, by the amount that was withheld by the Federal Tax. No I am being taxed again when filing.

[DaveF1006]

No you aren't being taxed again because that would be double-taxation. What happens is that you report your gross income that is in Box 1 or 2. Box 4 reports the amount of tax that was withheld.

You actually receive a credit on your return in line 25(B) in your 1040 under the Federal Tax withheld subheading, which will either reduce your tax owed for the year or will result in a bigger refund.  

[fanfare]

"you aren't being taxed again because that would be double-taxation. "

Sort of a tautology, eh?