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March 17, 2025
Question

Why aren't the taxes already withheld on my 1099-R enough?

  • March 17, 2025
  • 1 reply
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1 reply

VolvoGirl
Employee
March 17, 2025

You still have to enter the whole gross original amount (before taxes were withheld) with your other income to figure out the total tax (and it may put you into a higher tax bracket) and then the withholding is subtracted from the total tax to figure your refund or tax due. The gross amount shows up,on 1040 line 4a or 5a and the taxable amount on 4b or 5b.  The withholding will show up on 1040 line 25b.