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TurboTax Not Removing 10% Early Withdrawal Penalty Even After Reporting a Qualified Disaster Distribution
I've reported an early IRA distribution and also designated it as a qualified disaster distribution (non-covid) but TurboTax does not remove 10% early withdrawal penalty.
I've reported the same 1099-R on both FreeTaxUSA and TaxAct and neither of those programs are charging me the 10% penalty, only TurboTax is.
Can this be fixed?
‎April 9, 2022
4:19 PM