Retirement tax questions

No, the early withdrawal penalty is not waived for 2022.  If you took money out of a retirement account in 2022 before you were 59 1/2 then you will pay the 10% early withdrawal penalty as well as ordinary income tax.  Enter your 1099R into the return:

 

To enter your retirement income, Go to  Federal> Wages and Income>Retirement Plans and Social Security>IRA  401 k) Pension Plan Withdrawals to enter your 1099R.

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