You would make an entry for a substitute form 1099-R and put the withdrawal amount in box 1 and the earnings in box 2(a). You will see an option to create a substitute form 1099-R on the screen that says Tell Us Which 1099-R You Have when you go to enter the form 1099-R. Code the substitute form 1099-R as "8" in box 7, for excess contributions plus earnings.
You will get a 10% penalty on the income portion of the withdrawal if you are under age 59 1/2 when you made the withdrawal. TurboTax will calculate any penalty due automatically.
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