DanaB27
Expert Alumni

Retirement tax questions

Please follow these steps after you enter your 1099-R to get the exception from the 10% penalty:

 

  1. On the "Review your 1099-R info" screen click "continue"
  2. Continue through the questions until "Did you use your IRA to pay for any of these expenses?" screen
  3. Enter the $1,500 under "Another Reason"

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"