Turbotax home&business 2024 desktop. guess I'm too complicated...?
I have 3 1099r well 2 I created 3rd.
1. I converted $ from Ira to Roth Ira, so I owe taxes. 1099r. TurboTax ok
2. I also added yearly contributions $8000 to Roth which I found out I can't, so I withdrew but I have to pay taxes on earnings. excess contributions, but TurboTax wants to add 10% penalty, which section 333 of the secure 2.0 act eliminated the 10% early withdrawal penalty on earnings for excess contributions using the timely correction.
3. I also have 1099r for pension, taxes already withheld but then TurboTax adds $1000 I owe. why?
HELP ! please....
