Distribution means the money taken from the 401k
1040 is the main federal tax form in the U.S.
Line 58 is in the 'Other taxes' section of the form, where the amounts are figured using some basis other than the AGI. It also is where you would look in the 1040 instructions to see how the penalty is calculated.
Distribution means the money taken from the 401k
1040 is the main federal tax form in the U.S.
Line 58 is in the 'Other taxes' section of the form, where the amounts are figured using some basis other than the AGI. It also is where you would look in the 1040 instructions to see how the penalty is calculated.