Retirement tax questions

you only had to take out $542, but you took out $700 which is more than sufficient.
line 22 must therefore be zero

Line 24 is not zero only if you started a new excess.

Otherwise, Line 24 should be zero and your penalty should be zero.

if you paid an unwarranted penalty on your filed 2024 tax return , then amend to get it back.

 

@keeponjeepin