Retirement tax questions

In reviewing your return, if you do not see an amount 1040, line 23, then the 10% early withdrawal penalty would have been waived through the 8915-E.  If your withdrawal is a qualified coronavirus related withdrawal, the 8915-E will be used for penalty relief from early retirement plan distributions and include the option to spread the distribution income over 3 years.  This may be a good option if the distribution is pushing you into a higher marginal tax bracket.  You may end up paying less tax if you spread the distribution over the 3 years.  TurboTax will have series of screens dedicated to the 8915-E.  Penalty relief will be included in those screens.  Normally, the penalty for early distribution from a retirement plan is reported on the form 5329.  This form total flows to 1040 Sch 2 Line 6 and the total of Sch 2 flows to 1040 Line 23. There are also other taxes that flow to the Sch 2 so if you do see an amount on 1040 line 23, review Sch 2 to identify what that amount represents.