No, don't make any changes to the 1099-R worksheet. If you answer the question in the interview then you won't get the 10% penalty since you are over 59 1/2.
Please try these steps to get to the IRA contribution section:
- Click “Deductions &Credits” on the top
- Click "I'll choose what to work on"
- Scroll down to “Traditional and Roth IRA Contributions” and click “Start/Edit”
- Select “Roth IRA”
- Continue until the penalty screen and enter the $300 excess contribution amount withdrawn.
Yes, the 2020 penalty should only be $6,60 since $110 excess were not removed.
@DPNJ
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