STN802
New Member

Retirement tax questions

I had the same issue. Turbo Tax is trying to say that I owe a large amount of money for withdrawing contributions from my Roth IRA. Anyone can easily look up that these contributions were already taxed and can be withdrawn early at any time without tax or penalty. In addition, several options throughout that process were pretty poorly worded by Turbo Tax.

 

I ended up stopping my taxes with Turbo Tax this year and giving my business to H&R block instead.