topic 1099r in Retirement tax questions

1099r

Arockkx3 — Sun, 02 Feb 2020 18:17:41 GMT

I received a 1099-R for a withdrawal I made to my deceased husbands thrift savings plan. The Gross, and taxable amount are the same. Total distribution has an “X”, there is a federal tax withheld, distribution code 4. I do not work and I’m in GA. Can anyone explain this to me? Do I have to pay in?

Re: 1099r

DianeC958 — Sun, 02 Feb 2020 18:44:26 GMT

Yes, this income is taxable to you and you need to file a tax return to include the 1099-R information. Since there was Federal Income Tax withheld, that amount may pay any of the tax due on this income.

Since the box was checked that it is a Total Distribution you will not see another 1099-R from this Thrift Savings Plan.

Link to When to Use Tax Form 1099-R

Re: 1099r

Arockkx3 — Sun, 02 Feb 2020 20:12:47 GMT

Thank you!