turbotax icon
turbotax icon
cancel
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Yes No
tomjv
Returning Member

414(h) distributions

What Federal level taxes are 414(h) distributions subject to?

FICA?

Medicare?

Federal Income tax = YES

posted
‎January 1, 2019 7:09 AM
last updated ‎January 01, 2019 7:09 AM
0
1
601
Reply
Bookmark Icon
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
MargaretL
Expert Alumni
Expert Alumni

414(h) distributions

The 414(h) distributions are not subject to Social Security or Medicare taxes. You will be subject to federal income tax on your withdrawal, but not FICA. 

‎January 2, 2019 7:22 AM
0
592
Reply
Bookmark Icon

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post

Featured forums
Taxes
Lower Debt
Investing
Self-Employed
All topics

Unlock tailored help options in your account.

Live Assisted: Get answers to all your tax questions! Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Live Assisted. Explore your options!
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question

Related Content

hunt.stockton
sabrinapy
usa22880
spckcc
BTRR