kaaraa69
Returning Member

Retirement tax questions

When I got to the "You Currently Have a Penalty" Page

for the "excess Contribution of $100,000" TurboTax is saying that there is a 6% penalty.

 

To solve the Federal Tax Due problem 

AND the "You currently have a Penalty" problem can I put the $100,000 in the "Excess Contribution Withdrawn Before Due Date of your Return" box?? and be correct?