What I know about a Roth is that you don't pay tax on distributions, just the early withdrawl penalty. So what did I pay if 10% was withheld and shows as tax? I shouldn't be paying tax and a penalty, correct?
How exactly do you show the below in Turbo Tax?
"It has to break out and show the 10% penalty separately on your return"
The whole distribution is being shown.
The 1099 is not coded correctly as this was an exception...I used the $ to purchase a home.
Appreciate your help,
Scott
