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Deductions & credits
Exceptions to the Early Withdrawal Penalty for Medical Expenses is entered on Form 5329, Line 1E. Make sure you have already entered your Medical Expenses.
The Medical Expenses Worksheet shows the amount of qualifying expenses on Line 14.
You can enter any amount at least this amount (or more) on Form 5329.
If you're using TurboTax Online, go back to your 1099-R entry in the Retirement Income section and Edit. Continue thru the screens until TurboTax says 'Let's see if we can lower your tax bill'. The next screen lists the Exceptions where amounts can be entered.
If you EDIT your 1099-R entry in TurboTax Desktop, you will see a similar screen.
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‎February 24, 2023
2:47 PM
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