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Deductions & credits
@Ram0810 Is line 5b 0 and Rollover written by it? Or do you have a taxable amount in 5b? Did they take any withholding out of it? Is Sch 2 line 8 10% of it for the 10% Early Withdrawal Penalty? I would delete the 1099R and enter it again Manually (especially if you imported it). You must have answered a question wrong or skipped one.
Or did you enter the amount in Deductions as a new IRA contribution? Don't enter it there. Only enter it from the 1099R nowhere else.
‎April 12, 2025
11:06 AM