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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AND the "You currently have a Penalty" problem can I put the $100,000 in the "Excess Contribution Withdrawn Before Due Date of your Return" box??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?
March 26, 2021
9:01 AM