You'll need to sign in or create an account to connect with an expert.
Is the question referencing a disaster declaration in 2021?
Yes, a withdrawal from your 401(k) is a retirement plan distribution.
Refer to the TurboTax article When to Use Tax Form 1099-R: Distributions From Pensions, Annuities, Retirement, etc. for additional information.
I think that this question is being asked in regard to the Retirement Savings Contributions Credit. A 401(k) is one of the types of retirement plans being referred to in this question.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
HollyP
Employee Tax Expert
HollyP
Employee Tax Expert
Ambilobe
Returning Member
navyas
Returning Member
Dawn20
Level 2