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Get your taxes done using TurboTax
Did you see the following screen in the interview in TurboTax (this is from the desktop product, the Online product may look somewhat different).
Of course, you would love to reduce your penalty, so you hit Continue. The next screen is
You see the bottom Line? Did you make an entry for "Incorrect Early Distributions". This is how the "12" got put on Line 12 on the 5329.
If this is not what what you did, I am puzzled on how you could have gotten the results you did.
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March 8, 2024
7:02 PM