dmertz
Level 15

Retirement tax questions

Both the code J and the code PJ Forms 1099-R need to be entered into 2018 TurboTax.  Entering the code J Form 1099-R will eliminate the penalty on 2018 Form 5329 Part IV by appearing on lines 20 and 21 to be subtracted from line 18 to leave zero on line 22.