Question

 Do i have to claim 401k withdrawal on my taxes?

Answer On One Hand: Yes, You Do.You must report a withdrawal from your 401k retirement account when you file your taxes, according to TurboTax. The income in your account is tax deferred, so you don't act... Read More »
http://www.answerbag.com/q_view/2039928

Top Q&A For: Do i have to claim 401k withdrawal on my taxes

Do I Have to Claim 401k Withdrawals on My Taxes?

You must report 401k plan withdrawals on your taxes. Traditional 401k plan withdrawals will be included in your taxable income. Qualified withdrawals from a Roth 401k plan must be reported but will... Read More »
http://www.answerbag.com/q_view/2105913

IRS Penalties for a 401K Withdrawal?

Many employers offer their workers 401k plans to help them save for retirement, and often will make matching contributions to these accounts. Employee contributions are made with pretax dollars and... Read More »
http://www.ehow.com/list_6456411_irs-penalties-401k-withdrawal.html

What is a 401k hardship withdrawal penalty?

A 401k plan is a tax-deferred retirement account that may be offered by your employer to help you save for retirement. Contributions to your 401k account are tax-deductible and the money grows tax-... Read More »
http://www.answerbag.com/q_view/1948397

What is a qualified withdrawal from a Roth 401k?

A Roth 401k is a retirement account that allows you to withdraw money tax free at retirement. In order to be qualified, withdrawals must meet both time in the account and age restrictions.Time Fram... Read More »
http://www.answerbag.com/q_view/1902934


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