Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Still need to file? Our experts can get your taxes done right. Get started >
Close icon
Do you have a TurboTax Online account?

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

cancel
Showing results for 
Search instead for 
Did you mean: 
pjt374bikk
New Member

Turbotax says my total income taxes paid is over $700 less than I have paid, no place to enter fed. withholding from 1099-R. Where does Turbo. get that figure from?

 
1 Best answer

Accepted Solutions
MichaelL1
Level 15

Turbotax says my total income taxes paid is over $700 less than I have paid, no place to enter fed. withholding from 1099-R. Where does Turbo. get that figure from?

The 1099R box 4 for Federal Taxes withheld get entered when the 1099R is entered.

Make sure the 1099R is entered here:

To enter pension and annuity Payments (1099-R)
•    Click on Federal Taxes
•    Click on Wages and Income
•    Click on I'll choose what I work on (if shown)
•    Scroll down to Retirement Plans and Social Security
•    On IRA, 401(k), Pension Plan Withdrawals (1099-R), click the start or update button



View solution in original post

1 Reply
MichaelL1
Level 15

Turbotax says my total income taxes paid is over $700 less than I have paid, no place to enter fed. withholding from 1099-R. Where does Turbo. get that figure from?

The 1099R box 4 for Federal Taxes withheld get entered when the 1099R is entered.

Make sure the 1099R is entered here:

To enter pension and annuity Payments (1099-R)
•    Click on Federal Taxes
•    Click on Wages and Income
•    Click on I'll choose what I work on (if shown)
•    Scroll down to Retirement Plans and Social Security
•    On IRA, 401(k), Pension Plan Withdrawals (1099-R), click the start or update button



message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies
v
ABCDEFGHIJKLMNOPQRSTUVWXYZabcdefghijklmnopqrstuvwxyz0123456789-_~