Solved
Is forced retirement withdrawal in 2024, claim as income???
I received over 6,000 in 2024 from my retirement account
due to my age, is this taxable income?
It should be. Did you get a 1099R for it? What code is in box 7? And if you were under 59 1/2 there may be a 10% early withdrawal penalty but that may be an exception to the penalty.
Enter a 1099R under
Federal Taxes on left
Wages & Income
Then scroll way down to Retirement Plans and Social Security
Then IRA, 401(k), Pension Plan Withdrawals (1099-R) – Click Start
If you are adding another 1099R there might be a Add button at the bottom of the list.
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
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