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Retirement tax questions
Please make sure you click continue after you added the 2024 Form 1099-R to get to the "Did you use your IRA to pay for any of these expenses?" screen. Here you will enter the amount of earnings under "Corrective distributions made before the due date of the return". This will enter the exception on line 2 of Form 5329 and you no longer have the 10% penalty calculated on line 4.
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14 hours ago