Hey!
I took an early withdraw from my ESOP this year and had Principal take an additional 10% to cover the early withdraw. This can be seen in the fact that the federal taxes withheld on the 1099-R is 30% of the total value instead of the standard 20%. When I upload this into Turbo Tax it is still assuming that I owe the 10% early withdraw which is incorrect. Is there anyway around this? Is there something on the 1099-R that is not filed correctly and I need to go back to Principal for?
I can provide more details if needed.
Aaron
