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    lilbrodge's Avatar
    lilbrodge Posts: 2, Reputation: 1
    New Member
    		  
    #1

    May 29, 2007, 01:41 PM
    401k and 1040ez
    Can I use the 1040ez for my 401k ?
    lilbrodge's Avatar
    lilbrodge Posts: 2, Reputation: 1
    New Member
    		  
    #2

    May 29, 2007, 01:42 PM
    What form do I use for 401k?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #3

    May 29, 2007, 03:57 PM
    You use NO form for 401K.

    It is documented on the W-2 and is NOT reported on your annual rax return.
    danielnoahsmommy's Avatar
    danielnoahsmommy Posts: 2,506, Reputation: 297
    Ultra Member
    		  
    #4

    May 29, 2007, 04:00 PM
    Quote Originally Posted by AtlantaTaxExpert
    You use NO form for 401K.

    It is documented on the W-2 and is NOT reported on your annual rax return.

    Agree!
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
    Expert
    		  
    #5

    May 30, 2007, 05:50 AM
    Previous posters are absoultely correct, unless the question has to do with figuring taxes due on a distribution from a 401(k). Distributions are reported on form 1099-R, and in this case 1040-EZ can not be used.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #6

    May 30, 2007, 01:04 PM
    Ebaines answer is accurate. If the 401K issue is one of a distribution, then you must report the distribution on Form 1040.
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