- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
The TurboTax program will handle everything regarding this “last month rule” situation. It will put the income on line 20 of Form 8889 (flowing through to line 8f of Schedule 1, and then line 8 of your 1040). And it will put the 10% penalty on line 21 of the 8889 (flowing to line 17d of Schedule 2, and line 23 of your 1040). Unless they change the line numbers next year, of course...
@jperasso, Bill was handling this all quite adeptly, but it appears he’s not here today (so I thought I’d jump in). Let us know if you have any more questions about this!
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
April 19, 2023
11:14 AM
2,088 Views