You'll need to sign in or create an account to connect with an expert.
If the form 1099-R that you received does not have the correct federal taxes withheld then you need to contact the Payer and get a corrected Form 1099-R.
You should not change any amounts that were reported on your Form 1099-R from Charles Schwab. Enter it as you received it. Go to Wages and Income > Retirement Plans and Social Security > IRA, 401(k), Pension Plan Withdrawals (1099-R) and click Start to enter your information.
However, if you made an estimated payment to help cover the amount that was automatically withheld and shown on your Form 1099-R, then you can enter that information in another section of your return. The following TurboTax help article will give you guidance to do this:
Where do I enter my estimated tax payments?
@greg-font
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.
darrylcsmith
New Member
sgooch1
New Member
MEL MANDICH
Returning Member
Sonycha75
New Member
scrutch48
New Member