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Roth IRA distribution not showing on TurboTax generated 5329 form line 20. Withdrew $6,000 in 2021, but the "distributions in 2021" line is showing $0. How do I fix?
I over contributed in 2020, I took this money out in 2021 after the tax filing deadline, so I owed a penalty. I amended my 2020 return paying the penalty for the over contribution. I uploaded my 1099R form showing the over contribution withdrawal, but my TurboTax generated form is showing I did not withdraw any money in 2021. Where can I fix this. TurboTax is saying I owe the over contribution penalty for 2021 even though I withdrew the amount over contributed - Line 20 of 5329 form showing $0 should this be $6,000?
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March 9, 2022
6:33 AM