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June 5, 2019
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When I withdrew my retirement fund, I had the bank withhold the appropriate amount to cover the early withdrawal penalty. How do I included that in my return file?

  • June 5, 2019
  • 1 reply
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Best answer by Ashby

If you have received your 1099-R, all tax withheld for regular income tax and the 10% penalty will be listed in Box 4 under Federal Income Tax Withheld. See image below for circled location on the form.

And, here are the instructions for entering the form.

https://ttlc.intuit.com/replies/4194737

1 reply

AshbyAnswer
June 5, 2019

If you have received your 1099-R, all tax withheld for regular income tax and the 10% penalty will be listed in Box 4 under Federal Income Tax Withheld. See image below for circled location on the form.

And, here are the instructions for entering the form.

https://ttlc.intuit.com/replies/4194737

June 5, 2019
Thank you!