The amount shown in Box 10 of your 1099-R form, may be subject to recapture on your tax return. Complete the worksheet in Publication 575 to determine how much, if any, of the amount listed here must be included on your tax return and where to report the income.
Form 5329 may also need to be completed to avoid the 10% penalty on the amounts that are not subject to the penalty. Form 5329 can be found by following this route:
- Federal Section
- Other Taxes
- Tax on Early Distribution