garytg
Level 1

Follow-up question.

I have 3 boxes.

Box 1 - Gross distribution  ($38k)

Box 2a - Taxable amount  ($38k)

Box 4 - Federal income tax withheld (I paid the 10% penalty upfront)

If I decide to use it on my 20, 21, and 22 tax returns, how exactly do I use it?

Box 1 - $12,668

Box 2a -  The full 38K or the same as Box 1 over the next 3 years?

Box 4 - The full $3,800 I paid or divide by 3? 

 

 

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