I received a 1099-R in the mail for an early 401K withdrawal. I had my 401K company take out the usual 20% tax plus the extra 10% penalty so I wouldn't have to worry about it. When I am putting my 1099-R information in to TurboTax Deluxe it wants to take an additional 10% out as a penalty although I already had the penalty amount taken out. Is there a way around this?
