You'll need to sign in or create an account to connect with an expert.
There is no early withdrawal penalty when a pension distribution is received due to the death of the participant.
The early withdrawal penalty is 10%.
20% is the amount of federal tax withheld in Box 2a.
Any early withdrawal penalty would be on Form 1040. Schedule 2, line 8, which will transfer to Form 1040 line 23.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
Confused_Successor
New Member
OldHarley41
Returning Member
rj_nc
Level 1
eyanine
Level 1
dyons
Level 3
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.