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I received a 1099 off from withdrawal from my IRA. Where can I enter the federal Tax I paid?
Where are my 1040 tax form? Do I add the tax paid on the 1099R withdraw.
And You didn’t actually pay the tax or the 10% penalty (you pay a 10% early withdrawal penalty if you are under 59 ½). You had taxes withheld like from your paycheck. You still have to enter the whole gross 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 and the taxable amount on 4b. You will get credit for the withholding on 1040 line 25b.
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