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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.
‎February 25, 2025
1:19 PM