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Retirement tax questions
Thanks. Another issue I am running into is when I import the 1099-Rs, the next question is if I took disaster distributin (no), then it asks for the value of the IRA as of Dec 31, and finally it says "Let's see if we can reduce your early withdrawal penalty". The next screen says "Identify the plan" and my only options are qualified retirement plan, nonqualified annuity, modified endownment contract. Roth IRAs are none of these but it doesn't let me continue unless I choose one..
If I choose qualified retirement plan, the next screen has the "Corrective distribution" field I believe I should use but the description of this screen clearly says "If you used the money you took out of a retirement account (other than an IRA)..." how else can I input the corrective amount if not through here?