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Form 5329 Lines 2 and Line 4 are not calculated correctly. What should I do as a workaround for this miscalculation?
Line 4 incorrectly shows a penalty assessed. Likewise, an entry appears in Part I Additional Tax on Early Distributions on line A, column A but there should be no entry there because there was no early distribution taken. Unable to find the source of this entry, I tried to clear the form by deleting my original entries in the Easy Entry income Retirement Plan section but the form entries do not change to zero. Likewise, Line 2 shows an entry for an RMD taken. There should be no penalty because the RMD was not taken early, there was no excess amount included in the RMD, and the age requirement was met. When I deleted the initial entry data for the RMD from Turbo Tax via Easy Step entry, Line 2 does not revert to zero Instead, it continues to show the RMD amount that I deleted. How is it possible that Line 2 retains deleted data? Is there a workaround to these miscalculations?