dgJuneau
New Member

Get your taxes done using TurboTax

Thank you for the information. However, as happened previously following similar instructions, turbotax still creates a form 5329 and calculates  on lines 23 through 25 a $480  (6% on $8,000) additional tax on the IRA contribution withdrawal that is brought forward to schedule 2 and then the 1040SR.  This is what I am having a problem with, keeping turbotax from calculating and adding this additional tax.  Thank you.