Where do you see any penalty? A code 7 never has an early distribution penalty reguardless of age.
You appear to be using the CD/download version - switch to the forms mode.
Is there a 5329 form in the forms list - if so what line is there an amount on?
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
