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Tax on 401k distribution after age 65

Asked Feb 11, 2008, 08:04 AM — 1 Answer
I received a 1099r but Turbo Tax does not ask for that form. Is a distribution in 2007 taxable? I am 66.

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ebaines Posts: 10,055, Reputation: 5539
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Feb 11, 2008, 08:38 AM
Yes, it is taxable as ordinary incme. Turbo Tax does indeed have a section for entering retirement distributions - look again!
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