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New Member
posted Jun 6, 2019 12:47:15 AM

Turbo tax did not calculate my tax withheld from my IRA. How can I fix this?

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1 Best answer
Expert Alumni
Jun 6, 2019 12:47:17 AM

The form 1099-R should include the amount of tax withheld from your IRA distribution. This amount can be found in Box 4 for federal tax and Box 12 for state tax. This needs to be entered into TurboTax when you enter the 1099-R. 

Please follow these instructions to edit your Form 1099-R :

  • Login to your TurboTax Account 
  • Click "Take Me To My Return"
  • Click "Federal" from the left side of your screen
  • Scroll down and click "Edit/Add" next to "IRA, 401(k), Pension Plan Withdrawals (1099-R)" 
  • On the "Your 1099-R Entries" screen click "Edit" next to the 1099-R, you wish to edit.

1 Replies
Expert Alumni
Jun 6, 2019 12:47:17 AM

The form 1099-R should include the amount of tax withheld from your IRA distribution. This amount can be found in Box 4 for federal tax and Box 12 for state tax. This needs to be entered into TurboTax when you enter the 1099-R. 

Please follow these instructions to edit your Form 1099-R :

  • Login to your TurboTax Account 
  • Click "Take Me To My Return"
  • Click "Federal" from the left side of your screen
  • Scroll down and click "Edit/Add" next to "IRA, 401(k), Pension Plan Withdrawals (1099-R)" 
  • On the "Your 1099-R Entries" screen click "Edit" next to the 1099-R, you wish to edit.