monablsd1
Feb 1, 2011, 08:20 PM
I withdrew a small 401k in 2010. Can I wait for tax year 2011 to report it?
AtlantaTaxExpert
Feb 11, 2011, 04:15 PM
Negative. You MUST report the 401K distribution in the year it was distributed. That is driven by the date on the distribution check, NOT the date you actually got the money.