https://ttlc.intuit.com/community/retirement/discussion/my-wife-quit-her-job-in-march-of-last-year-and-we-took-an-early-withdrawal-from-her-401k-to-pay-off/01/95042#M6023 We paid the 10% penalty, federal and state tax all up front. Sat, 01 Jun 2019 03:59:07 GMT zrcole 2019-06-01T03:59:07Z https://ttlc.intuit.com/community/retirement/discussion/my-wife-quit-her-job-in-march-of-last-year-and-we-took-an-early-withdrawal-from-her-401k-to-pay-off/01/95042#M6023 We paid the 10% penalty, federal and state tax all up front. Sat, 01 Jun 2019 03:59:07 GMT https://ttlc.intuit.com/community/retirement/discussion/my-wife-quit-her-job-in-march-of-last-year-and-we-took-an-early-withdrawal-from-her-401k-to-pay-off/01/95042#M6023 zrcole 2019-06-01T03:59:07Z https://ttlc.intuit.com/community/retirement/discussion/the-tax-you-paid-was-only-an-estimate-you-need-to-repor/01/95047#M6024 The tax you paid was only an estimate.  You need to report the withdrawal on your tax return from a 1099-R and you will get credit for the withholding.  Your overall tax will be calculated and you might owe more or get a refund. Sat, 01 Jun 2019 03:59:09 GMT https://ttlc.intuit.com/community/retirement/discussion/the-tax-you-paid-was-only-an-estimate-you-need-to-repor/01/95047#M6024 Opus 17 2019-06-01T03:59:09Z https://ttlc.intuit.com/community/retirement/discussion/thank-you-i-am-assuming-i-will-receive-a-form-from-eith/01/95053#M6025 Thank you,  I am assuming I will receive a form from either the state, fed, 401k holding company, regarding the withdrawal and the tax payments, and penalty payments? Sat, 01 Jun 2019 03:59:11 GMT https://ttlc.intuit.com/community/retirement/discussion/thank-you-i-am-assuming-i-will-receive-a-form-from-eith/01/95053#M6025 zrcole 2019-06-01T03:59:11Z https://ttlc.intuit.com/community/retirement/discussion/you-will-receive-a-1099-r-from-the-plan-trustee-it-may/01/95057#M6026 You will receive a 1099-R from the plan trustee.  It may be already available online, if not, they are supposed to mail it by January 31.  If you have moved, you should call them to make sure they have the correct address.  The 1099-R form will show the gross amount of the distribution and the tax withheld.  The plan trustee will report on form 1099-R that it was a non-qualified withdrawal (not over age 55 in the year of separation or not over age 59-1/2 overall) and then the tax forms will add the penalty. Sat, 01 Jun 2019 03:59:11 GMT https://ttlc.intuit.com/community/retirement/discussion/you-will-receive-a-1099-r-from-the-plan-trustee-it-may/01/95057#M6026 Opus 17 2019-06-01T03:59:11Z