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    monablsd1's Avatar
    monablsd1 Posts: 2, Reputation: 1
    New Member
     
    #1

    Feb 1, 2011, 08:20 PM
    401 k tax reporting
    I withdrew a small 401k in 2010. Can I wait for tax year 2011 to report it?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #2

    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.

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