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Photopete
New Member

i401k withdrawal not being included in taxable income

I've entered my i401k RMD withdrawal, per the data on its 1099R.  Turbo tax does not appear to be including this in my taxable income.   The withdrawal for  my SEP IRA shows up just fine.  What could be wrong?

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2 Replies
GiseleD
Expert Alumni

i401k withdrawal not being included in taxable income

Are you looking at the forms? It is often easier to see this income if you look at the forms. Here's how to look at your current-year return forms:

  • In the left-hand menu bar, click on Tax Tools, then click Tools.
  • Under Other helpful links, click View Tax Summary.
  • Your Tax Summary will be displayed. In the left-hand menu bar, you will see a new option: Preview My 1040. Click it, and this will allow you to see the forms. 

Line 4 of your 1040 should show this income. If not, you will want to revisit your data entry to ensure that nothing was missed. 

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Photopete
New Member

i401k withdrawal not being included in taxable income

Gisele, thanks.  In "Forms" view I see what is happening.  Everything was entered correctly and Turbo Tax is handling it correctly!

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