I got a 1099-R that shows a distribution I took from an IRA. Included on the 1099 was Federal and State tax withholding. Does the 1099-R interview pass this withholding info to the estimated tax payment section or does it need to be entered again? Thanks
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Yes. When entering a Form 1099-R in TurboTax, any federal taxes withheld in box 4 flows to the federal tax return, Form 1040 Line 25b. Any state taxes withheld in box 14 flows to the state tax return.
Yes. When entering a Form 1099-R in TurboTax, any federal taxes withheld in box 4 flows to the federal tax return, Form 1040 Line 25b. Any state taxes withheld in box 14 flows to the state tax return.
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