https://ttlc.intuit.com/community/retirement/discussion/had-fed-and-state-taxes-taken-out-of-funds-i-withdrew-from-my-403b-and-retirement-pension-how-do-i/01/386416#M34561 <P>The funds i withdrew certainly &nbsp;count as income, but i don't see on turbo tax where the taxes taken out will help reduce my tax burden. Can you tell me how these taxes will figure into my return?</P> Tue, 04 Jun 2019 19:07:37 GMT marjac74 2019-06-04T19:07:37Z https://ttlc.intuit.com/community/retirement/discussion/had-fed-and-state-taxes-taken-out-of-funds-i-withdrew-from-my-403b-and-retirement-pension-how-do-i/01/386416#M34561 <P>The funds i withdrew certainly &nbsp;count as income, but i don't see on turbo tax where the taxes taken out will help reduce my tax burden. Can you tell me how these taxes will figure into my return?</P> Tue, 04 Jun 2019 19:07:37 GMT https://ttlc.intuit.com/community/retirement/discussion/had-fed-and-state-taxes-taken-out-of-funds-i-withdrew-from-my-403b-and-retirement-pension-how-do-i/01/386416#M34561 marjac74 2019-06-04T19:07:37Z https://ttlc.intuit.com/community/retirement/discussion/if-you-asked-the-plan-trustee-to-withhold-taxes-for-you/01/386421#M34562 <P>If you asked the plan trustee to withhold taxes for you, that should be recorded on the 1099-R form in box 4 (federal) and box 12 (state). &nbsp;Turbotax will automatically include those withholding amounts in its calculations when you enter the 1099-R.</P><P>If the withheld taxes are not recorded on the 1099-R, you need to get a corrected 1099-R from the plan trustee.</P> Tue, 04 Jun 2019 19:07:39 GMT https://ttlc.intuit.com/community/retirement/discussion/if-you-asked-the-plan-trustee-to-withhold-taxes-for-you/01/386421#M34562 Opus 17 2019-06-04T19:07:39Z