I did not know i had to file 1099-r form when I did my taxes and they are already sent to irs???
10% penalty plus taxes at whatever your rate is, but there was probably some withholding, usually 20%. These are on your withdrawal.
by CarVolunteer - 14 hours ago
10% on the amount you withdrew
by Pengy - 14 hours ago
Your refund will not be delayed (but don't check the system more than once per week), because at this time IRS is not aware that you filed and incomplete and incorrect tax return, as soon as you receive your refund, then you can amend your tax return by filing Form 1040X. You will have to mail the Form 1040X to IRS and it does take 12-16 weeks to process. since it is a withdrawal form 401K, you will have a 10% penalty for early withdrawal, so don't spend all your refund because you will owe IRS.
by Ms. Angel.. - 14 hours ago
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