PDA

View Full Version : 1099 R Question


mendy50
Feb 3, 2007, 06:57 AM
Do you have to claim your 401K 1099R on your state return documents since no state and city taxes are taken out on these plans?

ScottGem
Feb 3, 2007, 07:00 AM
Yes, Income is income. A 1099R represents a notice of income that has to be included. The fact that taxes were not withheld doesn't change that taxes are due.

AtlantaTaxExpert
Feb 3, 2007, 10:16 AM
Scott has it right!