Replies to post #517 on Taxes (TAX)

[b4atf]

Hi board, happy spring! My first visit here but not to Ihub for sure.

I just have a 1040 question. I closed an old 403b last year. The provider already withheld the taxes on my 1099. The way I read the instructions you declare the full payout on line 16b. Where do you report the taxes that have already been withheld? Is it just line 61?

Haha! I managed to take home $4040 on a 75k investment in 2010. Any ideas to cut that report down?

While I am thinking I took a 2009 $500 loss on US oil(USO) more of a fund than a stock that I did not claim last year. (weird form arrived after I filed.) Is it worth the hassle of trying to recover that?
b4