Code T is for Roth IRA's. Was this a Roth? Unless it is a Roth Code 3 is appropriate.
In the interview after entering the 1099-R there are follow up questions to determine if the penalty applies.
To get back there:
To Edit a 1099-R in TurboTax
- Open (continue) return if you don't already have it open.
- Inside TurboTax, search for 1099-R and select the Jump to link in the search results.
- Answer Yes on the Your 1099-R screen, then select Continue.
- When you land on the Your 1099-R Entries screen select Edit (or the pencil icon) next to the 1099-R you need to work on.
- Scroll to the bottom of the page and select Continue.
Continue through the interview until you get to the penalty exception pages.
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