401k distribution

artalbot — Wed, 26 Jan 2022 17:21:36 GMT

Hello,

I had to (unfortunately) take a distribution from a 401k at a previous job last year. Just wondering if I can still file a simple return with the 1040 or 1040-EZ? Thank you!

Re: 401k distribution

MinhT1 — Wed, 26 Jan 2022 17:31:48 GMT

Form 1040-EZ is no longer used. Everybody files form 1040.

You'll receive form 1099-R for your 401(k) distribution.

You can enter your form 1099-R by following these steps:

In TurboTax, open your tax return
Click on Federal in the left-hand column, then on Wages & Income on top of the screen
Scroll down and locate the section Retirement Plans and Social Security and click on Show more
Click Start next to IRAs, 401(k), Pension Plan Withdrawals (1099-R).

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401k distribution

Re: 401k distribution