Can anyone explain to me how I would add my early withdraw of my 401k and if I put the number I received or the number that was withdrawn.

Forum|Forum|1 year ago
January 20, 2025
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The market value changed on my 401k causing funds to be taken out of my withdraw total

Best answer by xmasbaby0

You will receive a 1099R for the money you took from the 401k. When you have that document, you enter it exactly as it appears.

To enter your retirement income, Go to Federal> Wages and Income>Retirement Plans and Social Security>IRA 401 k) Pension Plan Withdrawals to enter your 1099R.

xmasbaby0Answer

Employee

You will receive a 1099R for the money you took from the 401k. When you have that document, you enter it exactly as it appears.

To enter your retirement income, Go to Federal> Wages and Income>Retirement Plans and Social Security>IRA 401 k) Pension Plan Withdrawals to enter your 1099R.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**