If in December 2016 it was nessecary to withdraw $700.00 from 401K (gross amount was $875.00.I paid tax on the withdrawal) do I need to report this? And how?

lrwbp204 — Sat, 01 Jun 2019 02:17:53 GMT

You should receive a Form 1099-R from your 401-K brokerag...

LeeM — Sat, 01 Jun 2019 02:17:54 GMT

You should receive a Form 1099-R from your 401-K brokerage that shows both the distribution and the taxes withheld. However, the deadline to send out those forms is January 31, 2017. If you don't have it by then, I would contact your brokerage.

You will then report the information from that Form 1099-R in TurboTax using the directions in the FAQ below:

https://ttlc.intuit.com/replies/4194737

topic If in December 2016 it was nessecary to withdraw $700.00 from 401K (gross amount was $875.00.I paid tax on the withdrawal) do I need to report this? And how? in Retirement tax questions

If in December 2016 it was nessecary to withdraw $700.00 from 401K (gross amount was $875.00.I paid tax on the withdrawal) do I need to report this? And how?

You should receive a Form 1099-R from your 401-K brokerag...