topic I worked for a company. I had an IRA. I left and I was paid out. Taxes were withheld. Do I still pay additional taxes? in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/i-worked-for-a-company-i-had-an-ira-i-left-and-i-was-paid-out-taxes-were-withheld-do-i-still-pay/01/2019779#M135614 Wed, 03 Mar 2021 03:34:56 GMT ayannae15 2021-03-03T03:34:56Z I worked for a company. I had an IRA. I left and I was paid out. Taxes were withheld. Do I still pay additional taxes? https://ttlc.intuit.com/community/retirement/discussion/i-worked-for-a-company-i-had-an-ira-i-left-and-i-was-paid-out-taxes-were-withheld-do-i-still-pay/01/2019779#M135614 Wed, 03 Mar 2021 03:34:56 GMT https://ttlc.intuit.com/community/retirement/discussion/i-worked-for-a-company-i-had-an-ira-i-left-and-i-was-paid-out-taxes-were-withheld-do-i-still-pay/01/2019779#M135614 ayannae15 2021-03-03T03:34:56Z Re: I worked for a company. I had an IRA. I left and I was paid out. Taxes were withheld. Do I still pay additional taxes? https://ttlc.intuit.com/community/retirement/discussion/re-i-worked-for-a-company-i-had-an-ira-i-left-and-i-was-paid-out-taxes-were-withheld-do-i-still-pay/01/2019836#M135617 <P>Maybe.&nbsp; &nbsp;The tax that was withheld was an estimated amount.&nbsp; Depending on your other income you might owe more. You have to enter the 1099R that they sent you on your 2020 tax return.</P> <P>&nbsp;</P> <P class="p1">To enter your retirement income, Go to<SPAN class="Apple-converted-space">&nbsp; </SPAN>Federal&gt; Wages and Income&gt;Retirement Plans and Social Security&gt;IRA<SPAN class="Apple-converted-space">&nbsp; </SPAN>401 k) Pension Plan Withdrawals to enter your <SPAN class="s1"><STRONG>1099R.</STRONG></SPAN></P> Wed, 03 Mar 2021 03:48:39 GMT https://ttlc.intuit.com/community/retirement/discussion/re-i-worked-for-a-company-i-had-an-ira-i-left-and-i-was-paid-out-taxes-were-withheld-do-i-still-pay/01/2019836#M135617 xmasbaby0 2021-03-03T03:48:39Z Re: I worked for a company. I had an IRA. I left and I was paid out. Taxes were withheld. Do I still pay additional taxes? https://ttlc.intuit.com/community/retirement/discussion/re-i-worked-for-a-company-i-had-an-ira-i-left-and-i-was-paid-out-taxes-were-withheld-do-i-still-pay/01/2019851#M135620 <P>By the way, it was not a IRA. &nbsp;But probably a 401K. &nbsp;You could have rolled it over to a IRA and avoided all the tax.</P> Wed, 03 Mar 2021 03:52:18 GMT https://ttlc.intuit.com/community/retirement/discussion/re-i-worked-for-a-company-i-had-an-ira-i-left-and-i-was-paid-out-taxes-were-withheld-do-i-still-pay/01/2019851#M135620 VolvoGirl 2021-03-03T03:52:18Z