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Retirement tax questions
If you used TurboTax previously without a penalty on your 401K distribution, you may have answered a question differently when entering your 1099-R this year. There has not been a change to early retirement penalty exceptions. Separation from service if age requirements are met is one of them.
If you imported your 1099-R, go back and delete it and then enter it manually.
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‎February 8, 2023
3:32 PM