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TurboTax showing $0 taxable income and extremely incorrect deduction amount
Does anyone know how I can fix a random deduction on my taxes showing as "early withdrawal penalty" in excess of $127 million. This is characterized as a deduction on my taxes, therefore bringing my taxable income to $0. I went through the deductions section and have nothing related to early withdrawals, and definitely nothing showing $127 million of deductions. My deductions are well under the standard, which should be what is applied to mine. In wages & income I have no 1099-R and have double checked all the retirement options to make sure nothing was accidentally selected. I have not taken any retirement early withdrawals for 2024 or any year ever. Feeling pretty stuck without being able to get rid of this obvious error on my return.
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‎February 11, 2025
4:10 AM