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New Member
posted May 26, 2020 12:18:21 PM

Where to add federal income tax withheld from RMD?

Where do add tax withheld from RMD?

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1 Best answer
Level 15
May 26, 2020 12:28:50 PM

When you enter the Form 1099-R which includes your RMD, any federal tax withheld and shown on box 4 of the form are automatically entered on your federal tax return Form 1040 Line 17 as a tax payment.

 

To enter, edit or delete a form 1099-R -

  • Click on Federal Taxes (Personal using Home and Business)
  • Click on Wages and Income (Personal Income using Home and Business)
  • Click on I'll choose what I work on (if shown)
  • Scroll down to Retirement Plans and Social Security
  • On IRA, 401(k), Pension Plan Withdrawals (1099-R), click the start or update button

Or enter 1099-r in the Search box located in the upper right of the program screen. Click on Jump to 1099-R

1 Replies
Level 15
May 26, 2020 12:28:50 PM

When you enter the Form 1099-R which includes your RMD, any federal tax withheld and shown on box 4 of the form are automatically entered on your federal tax return Form 1040 Line 17 as a tax payment.

 

To enter, edit or delete a form 1099-R -

  • Click on Federal Taxes (Personal using Home and Business)
  • Click on Wages and Income (Personal Income using Home and Business)
  • Click on I'll choose what I work on (if shown)
  • Scroll down to Retirement Plans and Social Security
  • On IRA, 401(k), Pension Plan Withdrawals (1099-R), click the start or update button

Or enter 1099-r in the Search box located in the upper right of the program screen. Click on Jump to 1099-R